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I would wait for your DMs directive so that you're covered.
Better safe than sorry.
Whoever it is, they are pretty juvenile IMO. Its probably just that
"oaps222" thing using another screen name
Why thank you for your sensitivity and out pouring of compassion.
Are you for real??? These people just lost their jobs. Maybe you've found a way to survive without an income but most of us have not.
Furthermore a lot of these folks put blood sweat and tears into their studios. Its difficult to see that all go away without feeling some kind of sadness and regret.
You need to grow up and show a little respect for people!
Well, I have blocked him so I cannot see any of
his mindless ramblings. However I'm glad he's not
here torturing anyone with his socialist work
ethics rants.
I agree with you. This is a huge embarrassment! I'm thinking of all those people who potentially will not get their portraits or specialty products. Now I feel like a scumbag for selling it to them.
Thank you!
The word is YES we will get paid but I'll believe it when I see it.
Here it is:
April 3, 2013
Dear Fellow CPI Employee:
Over the course of the past year, we have discussed in a variety of communications that we have been battling through the decline of our business. During that time we negotiated deals with our hosts, secured additional funding from our banks, and marketed our company to potential purchasers. Unfortunately, all of those efforts have fallen short – the decline of our business proved too great an obstacle to overcome and we will be forced to discontinue our US operations effective today, April 3.
The Canadian business, which has not suffered from the same difficulty as the US, has continued to deliver strong financial performance. The Canadian operations will continue as a standalone company until it is sold to another party.
I want to thank each and every one of you for your hard work and dedication to this company, particularly over the past year, as we explored every opportunity to restructure the Company for a profitable future. Your passion has enabled us to provide cherished memories to families throughout North America for over 60 years. I hope you will leave with good memories and pride in the invaluable contributions you have made to our customers, your fellow employees and our Company. Your record of achievement and dedication will serve you well in your future endeavors.
We have created a frequently asked questions document which is attached, and should address many of the questions that you may have upon receiving this news.
Thank you again for your service to CPI,
I wish you all the best in the future.
Sincerely,
Jim Abel
President and Chief Executive Officer
Why didn't they tell us this TODAY while we were in the studios???
Certainly they couldn't have just decided this in the past few hours.
I think I'm going to be sick..........who called you? This just cannot be happening. OMG
My guess is he is sitting at a switchboard answering out sourced calls.
"Notice hole we all get paid for what we have already worked"
You lost me! What does this sentence mean????
What kind of "travel" do they require? Are we talking hopping on a plane or driving?
It seems like the PMs that closed are ones close to a SPS.
Could it be because that would make selling SPS a better
deal for the buyer? Less competition would make getting
sits and sales easier for a SPS.
I haven't seen "commission" in years! I haven't seen any of the bonus I earned either. Some of the shady DMs DMITs and SMs like to dangle that carrot to give you false hope. Frankly I think its
BS that they get away with lying to us about getting "commission"
and bonus.
I would contact the labor board for the state you live in! File a complaint. Whoever told you that needs to be held accountable!
They have disabled our ability to do that. They claim its to prevent us from working when we are not on the clock.
How and when did they notify you? Did they send an email or was it addressed during a conference call?
Well said!
I do not believe there is a buyer. I think any/all potential buyers have withdrawn their interest. I think we'll start seeing more DMs and RDs leave in the near future as they find new employment.
Its just a matter of time. This ship is sinking. Just look at the numbers. Very few studios are making anything close to comp sales. I'm not trying to be the bearer of gloom and doom but the writing is on the wall.
What happened to all those furloughed DMs??? Weren't we told they would return in 2 weeks? What happened to the big plan they had to re-open the studios to normal hours of operation at Easter? Easter is only a week away and it still hasn't happened. Our bonus? The FY ended in Feb. It is now the end of March. There is still no payout.
What about that MLK pay we were supposed to see? It never happened.
CPI has been infamous for making promises they never intend to keep. Its been that way for as long as I can recall.
I think if you're not yet looking for a job you need to start!
Is she in MI ?
I really don't think the see us as assets at all. In their
opinions we are little more than replaceable low skill workers.
If they valued us at all they'd pay us a decent wage.
In the past I have noticed things are given confidential
treatment prior to studios closing or DMs and RDs being
cut loose.
They can keep things from being public if disclosing the
information will be detrimental to the business.
IMO He is a internet troll and poser who gets his jollies
out of pretending to be something and somebody that he is not.
How sad is that!? It almost make me feel pity for him!
I just checked Blue Cross and it would cost a lot more than what I'm paying now.
I am almost sure CPI is paying for part of our
insurance or at least giving us the advantage of a
group rate. I'm glad we have it. There are plenty
of employers who don't offer any insurance at all!
"Oh and open enrollment will not be done in EAC this year, look for an announcement on our browser."
Are you saying it is already there? I haven't seen it yet.
Where is the announcement located?
Silence infidel or we will have you sent back to Dharavi !!!
And now I'm done with you little man.
BLOCKED !
That is not for you to decide.
"The Ideal Communist Worker" describes the same traits he promotes.
I have no tolerance for people like him. He's a troll and an instigator.
Now now ! That wasn't a very POSITIVE thing to say..... was it?
You amuse me little man.
What I'd really like to know is who died and made you our life coach?
Time after time people on this board have expressed their disdain for your unsolicited and abrasive comments. You ignore their boundaries and continue to feign being a CPI employee. That is what we call an internet troll. Most boards ban trolls
Yes "folks" The English word Folk is derived from a Germanic noun, *fulka meaning "people" or "army". You really must get yourself a Websters and brush up on your English.
I think it is very irresponsible of CPI to keep us in the dark and not disclose information that would allow us to make informed choices.
In America that is a pretty common expectation that us FOLKS have of our employers!
It is not at all sensible to blindly trust anyone !
These folks might be more willing to trust if there was some transparency and consistency.
The SEC is a government agency. They don't stop showing filings until there are no more filings and the business is gone. I bet its just a glitch.
MSN Money still shows CIPC
http://investing.money.msn.com/investments/stock-price/?symbol=CPIC
I was told we can no longer borrow PTO
I really cannot imagine them not paying us. All along they have gone above and beyond to be as fair as the circumstances have allowed.
Up until this past round of cuts in January, they were still giving severance pay to people. That isn't something that they had to do.
If we don't get paid it would be because something totally out of their control happened.
I don't think any of us have enough real information to judge how CPI managed their finances.
I think studio photography is just plain dying. CPIs studios are just biting the dust quicker in part because they didn't stay relevant.
Frankly I don't think anyone in this industry is doing fabulously.
Even JCP cut their studio hours recently.
The liquidating of any remarkable assets is already a done deal.
That is what leads me to believe the "winding down" theory.
As we've already said, the contents of our studios is about all that is remaining to liquidate.
It would be interesting to see who would buy that junk. Everything is so old and obsolete!
I have a back up plan for sure I'm going to sit on my backside for a year,collect unemployment and live like poor white trash LOL
Seriously! I've been looking at want adds for a year and its a very scary thing.