From another forum....
Well, just talked to my friend that still works/worked at my old store. They basically fired the most loyal employees. He had been with CC almost 8 years and got ONE month severance.
They made all the people they were firing come in at 8:15am. When he saw who was there, he thought it was going to be a positive meeting because it was all people that had been at the store a long time. Wrong.
There were people at other stores with 10+ years at CC and they all got their walking papers.