mqr Posted March 2, 2022 Share Posted March 2, 2022 https://twitter.com/nick_ggtb/status/1499005090774007808?s=21 lol 1 Quote Link to comment Share on other sites More sharing options...
Quin Posted March 2, 2022 Share Posted March 2, 2022 1 hour ago, southsider2k5 said: Quote Link to comment Share on other sites More sharing options...
SCCWS Posted March 2, 2022 Share Posted March 2, 2022 39 minutes ago, bmags said: Walmart employs 1.6 million associates in the US. The $12/hr they moved up to in 2021 is like 24k/year. If you paid 1.6 million people 26k more per year that is $41.6 billion. Their net profit was $14billion globally last year. I Understand your point, but only 68% of Walmart employees are full-time. Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 2, 2022 Share Posted March 2, 2022 (edited) 15 minutes ago, Chicago White Sox said: Overextended? Yeah. They've expanded too much to pay a reasonable wage. They've spread their business too thin. Edited March 2, 2022 by Jack Parkman 1 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted March 2, 2022 Author Share Posted March 2, 2022 25 minutes ago, Texsox said: Shareholder. We forget he owns less than 20% of the Sox. His Bulls holdings do make him an actual Billionaire. Quote Link to comment Share on other sites More sharing options...
Harold's Leg Lift Posted March 2, 2022 Share Posted March 2, 2022 I wonder if Reinsdorf recognizes the irony in this newfound position. 1 Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 2, 2022 Share Posted March 2, 2022 Just now, Harold's Leg Lift said: I wonder if Reinsdorf recognizes the irony in this newfound position. ^^^^^^ Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted March 2, 2022 Share Posted March 2, 2022 15 minutes ago, SCCWS said: I Understand your point, but only 68% of Walmart employees are full-time. It's simply a matter of denying large numbers of part-time employees their benefits, leading to oftentimes single mothers working multiple jobs instead of being there for children after school and/or massive taxpayer funded government subsidies for Medicaid, WIC, AFDC, food stamps, etc. Not overextended. Deliberately adopting this hyper profitable business model until someone stops them...which is unlikely with all their PAC contributions to local and regional politicians. Now they're expanding into senior care since so many greeters can't afford to retire, needing work part time to supplement Social Security. Btw, his model is largely a failure in China, where volume and efficiency loses to even lower labor costs for local competitors...with with most workers paid roughly $2-3 USD/hour. 1 Quote Link to comment Share on other sites More sharing options...
Squirmin' for Yermin Posted March 2, 2022 Share Posted March 2, 2022 57 minutes ago, Jack Parkman said: Then they have either overextended themselves or don't deserve to be in business. Their exploitative business model is not their employees problem. So any business that can't affford to pay their staff 50,000 should just quit? That would suck for the world. 1 1 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 2, 2022 Share Posted March 2, 2022 34 minutes ago, southsider2k5 said: His Bulls holdings do make him an actual Billionaire. Exactly. I was thinking about 80% versus 20% and if he has as much control as we think. Imagine the shareholders voting him out as chair. Quote Link to comment Share on other sites More sharing options...
Bob Sacamano Posted March 2, 2022 Share Posted March 2, 2022 (edited) At this point, Suzuki should say “see ya” and go play in Japan another year. Edited March 2, 2022 by Bob Sacamano 1 Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted March 2, 2022 Share Posted March 2, 2022 2 hours ago, southsider2k5 said: They would also like you to know that Rick Hahn is working really hard. Harder than anyone ever! Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 2, 2022 Share Posted March 2, 2022 (edited) 43 minutes ago, Squirmin' for Yermin said: So any business that can't affford to pay their staff 50,000 should just quit? That would suck for the world. They don't deserve to be in business if they can't. Their shitty business model is nobody's fault but their own. It's either that or start lowering prices of necessities. Edited March 2, 2022 by Jack Parkman 3 Quote Link to comment Share on other sites More sharing options...
poppysox Posted March 2, 2022 Share Posted March 2, 2022 2 hours ago, bmags said: Walmart employs 1.6 million associates in the US. The $12/hr they moved up to in 2021 is like 24k/year. If you paid 1.6 million people 26k more per year that is $41.6 billion. Their net profit was $14billion globally last year. Works really well for the employees but not so well for customers and shareholders. Quote Link to comment Share on other sites More sharing options...
Jerksticks Posted March 2, 2022 Share Posted March 2, 2022 13 minutes ago, Jack Parkman said: They don't deserve to be in business if they can't. Their shitty business model is nobody's fault but their own. It's either that or start lowering prices of necessities. Duuuuude. You can easily think of businesses where your arbitrary 50k obviously doesn’t work. I love hyperbole as much as the next man but cmon here. Admit you didn’t mean it Quote Link to comment Share on other sites More sharing options...
Squirmin' for Yermin Posted March 2, 2022 Share Posted March 2, 2022 27 minutes ago, Jack Parkman said: They don't deserve to be in business if they can't. Their shitty business model is nobody's fault but their own. It's either that or start lowering prices of necessities. I agree Walmart has such a shitty business model.. They only netted 14 billion last year. What a weak business. Quote Link to comment Share on other sites More sharing options...
chitownsportsfan Posted March 2, 2022 Share Posted March 2, 2022 (edited) 4 hours ago, Texsox said: Businesses around the stadiums, spring training and regular season, will be feeling this. There are so many people impacted by this. I kinda feel sick thinking of all the great little places we have stopped at around Phoenix in spring thinking, and now after COVID and this, probably won't be around next time we go. Yea there are worse things than a business going under going on in the world but FFS all this is so unnecessary. Edited March 2, 2022 by chitownsportsfan 1 Quote Link to comment Share on other sites More sharing options...
Texsox Posted March 2, 2022 Share Posted March 2, 2022 21 minutes ago, Squirmin' for Yermin said: I agree Walmart has such a shitty business model.. They only netted 14 billion last year. What a weak business. If they were a baseball team we'd be wanting them to increase salaries and move assets to underperforming stores. We think the Sox earning $200 mil while paying a minimum wage of $500,000 is wrong while Walmart pulls in $14 billion in profit. This world is strange. I'm rapidly becoming a socialist. 1 Quote Link to comment Share on other sites More sharing options...
poppysox Posted March 3, 2022 Share Posted March 3, 2022 28 minutes ago, Texsox said: If they were a baseball team we'd be wanting them to increase salaries and move assets to underperforming stores. We think the Sox earning $200 mil while paying a minimum wage of $500,000 is wrong while Walmart pulls in $14 billion in profit. This world is strange. I'm rapidly becoming a socialist. That's the last thing that will fix the problem. 2 Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 3, 2022 Share Posted March 3, 2022 (edited) 1 hour ago, Jerksticks said: Duuuuude. You can easily think of businesses where your arbitrary 50k obviously doesn’t work. I love hyperbole as much as the next man but cmon here. Admit you didn’t mean it And it's the business model that is the problem. I've already stated that a business should not be legally allowed to operate while paying their employees less than a living wage. Edited March 3, 2022 by Jack Parkman 1 Quote Link to comment Share on other sites More sharing options...
Chicago White Sox Posted March 3, 2022 Share Posted March 3, 2022 2 hours ago, Jack Parkman said: Yeah. They've expanded too much to pay a reasonable wage. They've spread their business too thin. You realize how operating leverage works right? Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 3, 2022 Share Posted March 3, 2022 (edited) 30 minutes ago, poppysox said: That's the last thing that will fix the problem. lol. Edited March 3, 2022 by Jack Parkman Quote Link to comment Share on other sites More sharing options...
Quin Posted March 3, 2022 Share Posted March 3, 2022 The best Trout drawing yet. 2 1 Quote Link to comment Share on other sites More sharing options...
Jack Parkman Posted March 3, 2022 Share Posted March 3, 2022 10 minutes ago, Chicago White Sox said: You realize how operating leverage works right? No. I can imagine though. Quote Link to comment Share on other sites More sharing options...
BigHurt3515 Posted March 3, 2022 Share Posted March 3, 2022 I feel like these assholes are going to meet once a week Quote Link to comment Share on other sites More sharing options...
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