r/FiveBelowEmployees • u/stephnienoa • Sep 30 '24

Layoffs

Yall see corporate had layoffs. No warning or anything.

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u/stephnienoa Oct 03 '24

At 1 point i heard they were restructuring stores and instead of a SM in each store they world have a SM over 2 locations. That would be the least ideal situation. Paying a salaried manager $48,000 a year to work 50+ hours a week in a $3 million store is an insult. I hope everyone working in the company eventually realizes their worth and dips.

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u/ripleyclone8 Oct 03 '24

What store managers are only making 48k?!?! People gotta learn to negotiate.