Thread regarding Whole Foods Market Inc. layoffs

Copied - OP gets it

Lol you don't make an acquisition of that size without spending millions on research and due diligence. Far greater minds than yours were involved in assessing the risks and benefits to this deal. They probably have a greater awareness of the state of things than you, the low level worker, could ever have.

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| 1342 views | | 4 replies (last September 22, 2017) | Reply
Post ID: @OP+PntxNG3

4 replies (most recent on top)

-afs, absolutely, there's no need to be cruel or cold hearted in the name of profits. However, a business is there for the sole purpose of earning money. By law, they are under an obligation to maximize profits for stockholders.

My only point was that so many of the "low level workers" as I indelicately put it, seem to be very vocal about what a flawed business decision this was. And they're naive to think that they haven't done millions in thorough research leading up to a multi billion dollar acquisition.

I promise you, they're fully aware of the aging systems, the inefficient processes, and employee climate and turnover. In the end, they pulled the trigger after assessing the risks and potential upside.

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Post ID: @1kea+PntxNG3

Amazon made its mark profit over people. Why would it stop now.

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Post ID: @zcs+PntxNG3

The point that the "low level worker" is making is not about just business or financial performance.

It's about ethics.

You clearly are a sociopath if you think business and finance justify putting hard working, good people and their families out of jobs.

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Post ID: @afs+PntxNG3

Right. I think the point is that Amazon bought a failing co. They may not realize the extent of our aging systems. But regardless they plan to turn it around by cost reduction and increasing prime membership. These things IMO effect the store level the most

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Post ID: @igc+PntxNG3

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