“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
normal way to talk about ‘fellow’ human beings
“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
normal way to talk about ‘fellow’ human beings
Inflation and wage theft are absolutely out of control in this country. I’m a barista. My store makes $1600 in a eight-hour day. Mine and all of my coworker’s wage in there probably adds up to about $50/hour on average. So the profit margin is ridiculous. And these businesses have the gall to think they can make MORE MONEY. No, fuck you. At some point the human beings doing the hard work need to get a bigger cut.
make sure you count utilities and rent for the building and supplies etc, its still ridiculous but slightly less so
And franchise fees. They take a percentage of gross. I really don’t know why anybody gets involved with that stuff.
Yeah of course there are operating expenses, but you have these same companies buying the lowest quality equipment and products they can get away with as well. It’s inexcusable.
What most irritates me about this - plus layoffs to increase profits- is that the corporate numbnuts overlook the fact that every employee they stiff is a customer. Everyone is someone’s customer. A customer who has a shrinking amount of disposable income to spend on white goods, new clothes, eating out etc. They think hurrah, with AI we’ll be able to sack our creatives! Next thing they’re whining because there are so many homeless people on the streets. There’s a link! It’s exasperating.