|
Post by Dave's Not Here Man on Aug 29, 2023 12:39:40 GMT -5
|
|
|
Post by minx on Aug 29, 2023 12:55:41 GMT -5
In its most recent fiscal year report, however, Stihl reported “record-breaking revenue of 5.5 billion euros, equating to growth of 8.6 percent compared to the previous year.” In fact, next year, the company has plans to open new battery-operated product lines at its founding company location in Germany and at a new site in Romania.
Says it all, doesn't it? 'Record-breaking revenue', yet let's lay off people with no notice, and no type of severance to try and tide them over. And you know that when they do say they'll 'hire them back', it's going to be at a reduced salary.
If the city had any balls, they'd demand that Stihl repay the half million they gave them as an incentive. A drop in the bucket, but at least it would be making a statement that their behavior is unethical.
I don't have words to express how terrible I feel for these people - many of them had been there for over a decade. Eight minutes to grab your stuff and leave. And when the shock wears off, you face the horror of trying to make ends meet.
|
|
|
Post by Dave's Not Here Man on Aug 29, 2023 13:54:27 GMT -5
I started to add... In a morbid context it connects to what I've been saying to people about how just saying no to the things they buy that have become as much as 5 times more expensive in a very short period of time, that they can do without. Even over the weekend my sil was talking about buying a new truck that was right around 80grand on the sticker but the dealership had a $10,000 markup on all their trucks. That's better an example of what I was talking about than the price of potatoes.
Stihl made world class products and their prices were reflective of top of the line products. Then they started making shit that they could sell to homeowners they had otherwise priced out of their product lines. That's why they supposedly have so much inventory because people have finally realized those products are not much better than the competition at half the price. So will this layoff impact sales, which will obviously lead to more firings?
I'm of the opinion that I will never buy another new Stihl product as a matter of principle.
|
|
|
Post by minx on Aug 29, 2023 14:28:43 GMT -5
Agreed on both counts.
And a $10K markup? Jesus H Christ - let's talk about total ripoff!
Tax reform I'd like to see.
Huge penalty if you book record profits in a year where you lay off 1/3 of your workforce. And even larger penalty if your executive board gets pay raises or bonuses as a result to said layoffs.
|
|
|
Post by Dave's Not Here Man on Aug 30, 2023 15:18:53 GMT -5
|
|
|
Post by minx on Aug 30, 2023 16:20:19 GMT -5
Bwahahahahaha - those were some lies on a Trumpian level!
Pharmaceutical demand drops in the summer? Pharmacists want their hours cut so they can have a better work-life balance?
At least Stihl was honest enough to say that they want to make moar bux.
The article did gloss over the 'bonus and incentive' part of the salary. They have a quota of prescriptions they have to fill each month, and if they go over it, they get a bonus. I forget exactly what the parameters were, but when CVS cut back on their pharmacy staffing there were a lot of articles on how stressful it was to be a pharmacist at a chain store.
Wait until Medicare starts negotiating drug prices - bet those profits will go down even more!
|
|
|
Post by Dave's Not Here Man on Aug 30, 2023 16:34:08 GMT -5
The pharmacies in grocery stores were originally just a way to get more people to go into the stores, knowing that they'll shop other things "while I'm there might as well grab...." whereas the old places we think of, at least in the DC area People's Drug, Drug Fair, Dart Drug were all pharmacy first. I don't remember a single one having a drive up until much later on when CVS started it). Remember when WM came out with the $4 scripts? They didn't make squat on those meds but brought hordes of new pharmacy (for the uninsured this was a no-brainer) and general shoppers into the stores.
Now they've (WM) created a monster. They should either staff them, pay the going rate to all staff, get their shit together, or fucking close them down. I finally had enough of their bullshit a few weeks ago and moved all of my meds to the Walgreens that's 5 minutes from here. The reason I didn't move hers there is that they don't accept her insurance, so we'll be working on that forthwith since they regularly screw hers up as well. Probably to the CVS that's also 5 minutes from here.
We'll still do our curbside pickup as that has worked out quite well for us, for the most part, going back to when the pandemic started it and we were in the LBG.
|
|
|
Post by minx on Aug 31, 2023 14:17:38 GMT -5
I remember all three of those. We used to joke about Dart Drug, since the Darts seemed to have their hands in all sorts of businesses. But since we all went to their bookstore a lot we'd say "Drugs cost too much!" Ah, for the carefree days of youth when one didn't need prescription medication on the regular... Have to be honest, I don't trust any chain drug store much more than WM - they're all the same in my view - just crank as much shit out as you can and do it FAST. They don't even ask if you have questions about your medications - just sign the machine saying you declined counseling please. My mom was having bladder issues a few years ago. Urologist missed that she was on blood thinners and prescribed her something that interacted with them by accident. Not only did Walgreens (who held all her other prescriptions) fill it, they never questioned that it could have a serious reaction with her blood thinners. And yup - she ended up in the hospital for a week after a GI bleed. So yup. No trust here. No trust at all. But at least we don't have to worry about government death panels, so yay!
|
|