☆ Yσɠƚԋσʂ ☆ to EconomicsEnglish · 6 months agoPluralistic: Red Lobster was killed by private equity, not Endless Shrimppluralistic.netexternal-linkmessage-square8fedilinkarrow-up136arrow-down16
arrow-up130arrow-down1external-linkPluralistic: Red Lobster was killed by private equity, not Endless Shrimppluralistic.net☆ Yσɠƚԋσʂ ☆ to EconomicsEnglish · 6 months agomessage-square8fedilink
minus-squareInEnduringGrowStrong@sh.itjust.works@sh.itjust.workslinkfedilinkarrow-up17·6 months agoBuy successful chain, cheap out on every possible thing to maximize profit, crash brand into the ground until it’s an empty shell, blame workers and customers. Corpo greed in a nutshell.
minus-squareShaggyBlarney@lemmy.calinkfedilinkEnglisharrow-up2·6 months agoYou forgot the repeat step. It’s just good business in rotting the economy.
Buy successful chain, cheap out on every possible thing to maximize profit, crash brand into the ground until it’s an empty shell, blame workers and customers.
Corpo greed in a nutshell.
You forgot the repeat step. It’s just good business in rotting the economy.