The toughest choices that we’ve ever Gilboa: We’ had to el salvador phone number library make as a business. For the first time, we faced a decision of temporarily parting ways with some of our team members by putting them on furlough. When facing an uncertain period ahead we knew was going to dramatically negatively impact our sales and profitability as a business, we wanted to make the right long-term decision but also treat our team members well.
Retail team members and customer experience
team members that we furloughed, we put a retention program in place, where we committed to make them whole when we bring them back. And we’ve already brought back a number of those team members, [and] hopefully will bring back the rest of them very soon as we continue to open stores.
Warby Parker is bringing back furloughed staff as it reopens more stores
But all of a sudden, we are faced with a balance sheet that we thought was bulletproof in any reasonable state of the world, including some severe downside scenarios. But we couldn’t have predicted a pandemic, and I don’t think many companies did.
Feel fortunate that we continue to have a healthy
balance sheet, that our business is rebounding. We have supportive investors that have committed to step up and ensure that we have the capital what are they like as consumers? that we need as a business. There have been some heart-wrenching moments, as we’ve tried to balance what makes the most sense from a business perspective with treating our team with ao lists the values that we’ve established as an organization.