UPDATE at 8:45 pm noon on Weds, Nov 13th:
Comments
from another source, this evening:
Slightly edited by
Blog Publisher
“Hello
Joel,
I worked
for Service Point USA before they closed the door on us Friday. Here is some
info that I found out when I was just doing some digging myself. Kevin
handled closing the doors by sending an email, not even by a phone call. The week before, he made a phone call to tell
us that Service Point USA and CFI and Service Point UK were splitting-off
from Service Point Spain. But one thing I find funny is that CFI’s web site is
still up and running (I don't know if they are still open) whereas, as you
know, Service Point USA’s website is down. Kevin came from CFI to run Service Point
USA. Just something to point out.
Thank
You”
UPDATE at 12:00 noon on Weds, Nov 13th:
Comments
from another source, this morning:
“Joel
Not a lot of
info for you, but a few minor facts. The two Summer St locations for SPUSA had
been hybrid OSS facilities with a host firm and also open to the public. When
one account was lost operations consolidated into the other host firm. SPUSA
recently lost that host firm as an account also, the cumulative effects of
which had to hurt (FM’s have nice margins).
If anyone was
seen working machines on Summer St. it would most likely have been either the
host firm, or the new vendor, or as stated independent contractors in case the
new vendor doesn’t want to touch SP equipment. Perhaps the new vendor will hire
former SP employees back at their old site.
Which leads to
several questions. What do all the FM programs do? Should they continue to
operate their equipment? They certainly need to. Will the courts straighten it
out, and if so, when? Should fm customers start buying their own consumables?
Can they get a new vendor and push the SP equip to the side until court
tells them what to do?
While I wouldn’t
put anything past Kevin and you could seriously consider all types of rumors
and scenarios, the most likely answer is that the host firm on Summer St. must
move on.
Please, as you
so well state, keep my id confidential.”
Another
source submitted this comment via e-mail (and I was given permission to post
this person’s comments verbatim.)
“Hi Joel,
I thought that I would fill in more of the blanks.
2 hours ago before Kevin’s big meeting that you were told about, I
was on a conference with him and 2 others and I was told at that time that my
branch (New Haven CT) and NYC would be closing at the end of the
year. We did not fit Kevin’s vision and direction that he wanted to take
the company, a super factory in NJ. During his big company meeting he
did mention the New Haven would be closing but not NYC, even though he did say
it in our meeting.
After that I was prepared to go, but as you know it did not end that way.”
UPDATE at 2:15 pm on Monday (Nov 11):
Another
source submitted this comment via e-mail:
“the staff got paid in full and their health benefits are paid through
11/30.”
- - - - - - -
Blog Publisher’s
Note: I am a member of the Press, this
blog being a form of press/news. I do
not reveal sources. Ever!
Today, two
different sources reached out to me with further details.
First person:
“Hi Joel. Thank
you for keeping my name out of your blog. I appreciate your discretion.
There were
roughly 100 people at the end. All were "terminated" per Kevin's
email, which he sent from behind his desk while his staff waited for a
face-to-face meeting/explanation, which they deserved but never got. My
understanding is that Kevin resigned. On Friday he was disavowing
responsibility for anything once he departed. I also understand that CFI in NJ was
shuttered as well.”
Second person:
“Hi Joel,
I was laid-off
from SPUSA when they closed their doors.
I just came
across your article on the recent changes with SP.
About 2-weeks
ago, GM gathered Woburn employees for a meeting. Supposedly, this
was a “good” thing - that SP-USA and SP-UK had separated from SP – Spain. And that “investors” were to review and to
help in the short term of their financial difficulty.
During the
week, there was no communication on the investors deciding to back-out due to
the numbers not looking good.
Once again, no
communication from upper management. Just rumors and hearsay from other
employees – not looking good.
Instead of
gathering Woburn employees again for an updated status.
We received
official word via email….. really ……..
Talk about
being disrespectful and no courage from upper management on relaying important
information to their loyal and hardworking employees.
I cannot think
of any real legal reasons on why not to communicate to all.
To un-employment
on Tuesday…….”
I e-mailed this
person back to ask “how many SP USA team members lost their jobs”, and this was
the response I received:
“Hi Joel – not
sure on how many people. This has effected Woburn and branch locations, along
with CFI (Chris Fowler Inc.) in New Jersey. Hurricane Sandy also had a great
impact on SP-USA trying to recoup financial lost (losses?). I am still unclear on
SP–UK. I thought that the recent investors may be looking at them, but once
again – (I am) unclear on the UK….
Thank you”
Blog Publisher’s
comments:
My reporting focuses on SP USA, not on CFI
(Chris Fowler International, a separate SP subsidiary). As to the comments that CFI (its office in
NJ) has shut down, that’s not been confirmed by Service Point (the “parent.)
As to the comment made that SP USA and SP UK
were “separated” from SP Spain (the parent), I’ll have to wait until SP Spain
files an announcement about that with the Spanish Stock Exchange to see if that
is accurate.
Sad, sad, sad turn of events. Apparently, 100 some people lost their jobs
last Friday! Awful!
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