• TherouxSonfeir@lemm.ee
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      10 months ago

      That was just the coverup so they didn’t get backlash from laying everyone off after another round of C-Suite bonuses.

      • SuckMyWang@lemmy.world
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        10 months ago

        You don’t understand what it’s like for them. They don’t like sacking people for bonuses but they just can’t come up with any other ways to increase profit. What are they supposed to do? Get creative? Build a strong respectful work culture? Not take a bonus? You see. It’s not as easy as you think. Timmy can miss out on his toy train this Christmas. Besides, it’s just business

        • Transporter Room 3@startrek.website
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          10 months ago

          When little Timmy got a train
          "twas put beneath a tree
          Christmas day had fin’lly come,
          Such fun for all to see

          The poor were done, they knew no fun All stolen by some jerk(s)
          Their patience done, their time had come
          And quickly went to work

          Timmy’s dad had been quite bad
          He stole, and cheated and lied
          When they burned the system down,
          Little Timmy fucking died.

          Added context: “Little Timmy” is 35, has a cushy VP job in his dad’s company, and is lined up to be the next ceo. It was his suggestion to cut 50,000 jobs so he could collect a finders fee for “finding” unnecessary expenses.

    • gregorum@lemm.ee
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      10 months ago

      I’ll give Target a bit of lee at here because they were only there first to admit they were wrong, they also shared a bunch of data about how their shrink calculation methodology, which much of the retail sector shares, is flawed.

      I have worked for target. Their logistics methodology is incredibly on point. They are highly invested in getting things right, if no other reason, for the sake of their own profitability.So as there are being open, they have some credibility here, I would say, especially given that others here are so closed. This interest certainly serves their profit motive as much as it services our our motive.  There is, at least, for now, no reason to distress them.

      • ThatWeirdGuy1001@lemmy.world
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        10 months ago

        Theft clearly doesn’t affect their overall profits considering how many chains have had record profits.

        Looking at you Walmart

            • Kusimulkku@lemm.ee
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              10 months ago

              Depends where you set the bar. Does it make it more likely that certain locations are closed? Probably.

              • ThatWeirdGuy1001@lemmy.world
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                10 months ago

                Yeah but they’re only closing because they’re not bringing in maximum profits.

                They’re still making profits they’re just butthurt they’re not making more and that was my original point.

                If you can lose $3b in theft and still make record billions then no, theft does not affect you at all.

                With all that said though if the store is legitimately being robbed to the point of affecting profits that much then yeah go ahead and close. But the companies that claim theft as the reason for closing stores are bullshitting you.

                • Kusimulkku@lemm.ee
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                  10 months ago

                  If you can lose $3b in theft and still make record billions then no, theft does not affect you at all.

                  But it does. You are using “at all” wrong lol.