Walgreens will no longer give many of its retail workers paid vacation time for Thanksgiving, Christmas and other major holidays, as the company looks to cut costs under new owners.
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Walgreens didn’t respond to requests for comment. Sycamore declined to comment.
Has that ever ended well for the employees or customers?
Private equity firms are literally the cancer for businesses and indirectly, humanity.
They continuously grow, take everything they can get, and kill anything in its path
Beats me, ask ToysRUs.
Stocking shelves, helping customers and tidying up at Toys R Us was literally my first job during high school, and it was probably the best work a 16yo kid could in the early 2000s.
I will never forgive Bain Capital (and Mitt Romney for founding it), for its intentional sabotage of that business. Absolute scumbags.
My first jobs were in the late 70s, and they sucked until I realized that I choose where I work, and the money was bad everywhere (min wage), so why not work somewhere fun? I thought about a movie theater, or a bookstore, but saw a sign in my favorite record store, only a mile from my house, and I ended up in the record biz for the next 35 years.
THAT was the best job ever.
Only if they’re hiring. And that is increasingly a rarity for places that you would actually want to work.
It was a lot easier in the '70s, I would imagine.
I worked in the local Mall. At least 10 stores were always hiring at any given time.
Touché, that definitely does sound like it would have been a a fun job!
I still feel like I lucked out compared to my classmates who were either flipping burgers at Macca’s, stacking shelves at the local supermarket, or waiting at a chain restaurant. Being a “Toy Tester” every December was just 👌🏼
Or Red Lobster.
No. Ask RadioShack as well.
Do I have to give them my phone number first?
It makes stockholders money and that’s all that matters. Line must go up.
Has that ever ended well for the employees or customers?
The stockholders come first.
Repeatedly, from my experience, and they are never truly satisfied.
Never. Ever.
Well, it’ll be out of business in 3 to 5 years.
No, but it’s not meant to.
Sure, if the customers own the PE firm
In Pretty Woman? Even then it’s been so long I don’t remember if the employees were saved, or just the business overall.