It looks like the pandemic and the social distancing, stay at home rules are claiming another victim. Dick’s Sporting Goods has announced that they will be sending the majority of their workers home on furlough. Employees will still be able to keep their employee benefits during this period, however, which is at least somewhat generous of them. A limited number of workers will be kept active on the payroll to handle curbside delivery purchases and fill online orders. Other than that, however, it will be mostly lights out until the economy is turned back on. (CNN)
Dick’s Sporting Goods is finding it difficult to operate without any sports, gyms or basically any other physical activity.
The sporting goods retailer that it’s furloughing a “significant number” of its roughly 40,000 employees beginning Sunday. Affected employees will still continue to receive their benefits.
Dick’s (DKS) said in a regulatory filing that because of the coronavirus, it’s “increasingly evident” that its more than 800 stores aren’t going to reopen anytime soon. It will keep on a small number of employees to fulfill online orders and curbside pickups.
“It is our goal that when this crisis subsides, we will welcome back our teammates, open our doors and get back to the business we love of serving athletes and our communities,” the company said.
As with all of the other stories like this, I would first point out that I’m not cheerleading for anyone to lose their jobs. (With the possible exception of a couple of annoying Democratic governors in November.) In addition, I will offer some rare praise for Dick’s and their efforts to keep their staff as long as possible and keep their benefits intact while they are furloughed. If this works out ideally, the workers may be able to collect enhanced unemployment insurance benefits while still having access to employer benefits. (I asked a couple of people if that’s possible, but it doesn’t seem to be entirely clear. Different states have different rules for furloughs vs. layoffs.)