MSC takes a great deal of pride and places a great deal of emphasis on it’s “culture”. The “associates”, and I use that term loosely, are constantly reminded that they are to apply the culture in interaction with fellow associates and their attitude in approaching their job. But, apparently, the culture only applies to the subordinate levels and not the upper levels of management.
I am one of 24 who were released from service simply because we share job titles that were determined by upper management to no longer be needed. To quote Erik Gershwind “Achieving our Fuel Potential purpose requires that we routinely adjust or ‘retool’ our business . . . “. There is nothing routine about this reduction, it is the first time in company history that this type of position elimination has taken place. Years ago Mitchell Jacobson visited our branch and proudly expounded that MSC had never experienced a workforce reduction and foresaw no reason why the company ever would. Of course, that was when Mitchell was CEO and the company had some true leadership in place.
Gershwind made us the scape goat for his lack of leadership. Almost from the time he took control, MSC stock value started a year and half slide from the mid 90’s to the low 50’s. All of the fancy named initiatives and programs advised and attempted by his handpicked, inept executive staff couldn’t stop the trend. Even though Erik had promised earlier in the year that running “lean” would not include layoffs, in the end he again demonstrated a lack of imagination and followed The Wall Street standard solution of workforce reduction. Absolutely no consideration was given to years of service, performance record or total and extended job responsibilities, merely job title. And, as I have since been told, the first 24 were not the last. “Workforce reduction” now seems to be an accepted part of the MSC “culture”.
There seem to be many who think MSC is a great place to work. I did too. My advise to them, and to anyone at less than an executive level, never assume anything and always be prepared to be unemployed. The primary goal of Erik and the rest of the executive team is to protect and increase the value of MSM ( company stock ), and primarily their own personal investment. The Jacobson / Gershwind families hold the majority of the stock, and that is their priority. The wellbeing of the associates that built and maintain “their” company are the lowest priority. It is no longer the “family values” company it was under Sid or even Mitchell.
I’m sure my words will probably not dissuade anyone from accepting a job with MSC nor encourage anyone currently there to seek other employment. But I would strongly advise that you accept you are considered irrelevant to company success, that you go into a job with MSC with your eyes wide open and with one always looking over your shoulder. Don’t be beguiled by the flowery talk of a history of family values. At MSC, family values are just that, history. Anymore, MSC is just another greed driven Wall Street company.