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© (c) Copyright Thomson Reuters 2019.Seven & I shares surge on plan to cut 3,000 jobs, shut stores
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© (c) Copyright Thomson Reuters 2019.
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sakurasuki
Franchise owners they are business owners, even they are under pressure to keep working despite that face unfortunate things like snowstorms etc. I only can imagine what happen to those ordinary employee.
kiwiboy
This is the problem with capitalism.
People lose their jobs and the valuation goes up. Happy shareholders at the expense of those who gave their blood, sweat and tears.
Tom
@kiwi Not true. Capitalism is the best system available. Have you studied the others? Problems are hard headed bosses that disrespect their workers.
drlucifer
Something is really wrong.
Company profits are feted over the welfare and happiness down the production chain that work undet adverse conditions to achieve the profits.
Animal farm is alive.
drlucifer
Meant, welfare and happiness of workers
NCIS Reruns
Exactly! Learn that, and you're halfway there to your MBA degree.
mmwkdw
@NCIS Reruns - and the other half is ... ? ..... that in order to expand you need to be seen by your shareholders as a "Visionary" and hire lots of new staff.... ?
mmwkdw
It does not take much for one to see the fierce competition between Convenience Stores and mini-Supermarkets such as those operated by the Goliath "Aeon".,,,, I didn't need an MBA for that one.