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Amazon to Acquire Whole Foods for $13.7B

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Re: Amazon to Acquire Whole Foods for $13.7B

#521

If Hacker News had gold I would give it to you.

I don't understand why I got 10 downvotes on this one. What is the matter with this comment? What am I missing here?

This comment adds no value and doesn't drive interesting discussion forward.

Reddit norms don't apply here. If you have a low effort comment, just keep it in your head.

Re: Amazon to Acquire Whole Foods for $13.7B

#522

If Hacker News had gold I would give it to you.

I don't understand why I got 10 downvotes on this one. What is the matter with this comment? What am I missing here?

This comment adds no value and doesn't drive interesting discussion forward.

Reddit norms don't apply here. If you have a low effort comment, just keep it in your head.

Also the original post your were replying to was a recycled tweet anyway.

Re: Amazon to Acquire Whole Foods for $13.7B

#523

Earlier quoted context omitted.

>I think it shows that you can be a successful capitalist without trying to suck every ounce of productivity and profit out of your lowest-paid employees. Another example of this is Wegmans - http://www.cbsnews.com/news/could-this-be-the-best-company-i... https://www.washingtonpost.com/news/wonk/wp/2015/05/13/why-w... http://www.adweek.com/brand-marketing/why-do-so-many-people-... http://m.csmonitor.com/Business/The-…

And Costco.

Which also has a reputation of excellent treatment of employees

Re: Amazon to Acquire Whole Foods for $13.7B

#524

Earlier quoted context omitted.

>I think it shows that you can be a successful capitalist without trying to suck every ounce of productivity and profit out of your lowest-paid employees. Another example of this is Wegmans - http://www.cbsnews.com/news/could-this-be-the-best-company-i... https://www.washingtonpost.com/news/wonk/wp/2015/05/13/why-w... http://www.adweek.com/brand-marketing/why-do-so-many-people-... http://m.csmonitor.com/Business/The-…

Wegmans is also privately owned so there aren't "activist" shareholders that want hockey-stick growth.

Same with Trader Joe's, thankfully

Re: Amazon to Acquire Whole Foods for $13.7B

#525
post #124

Earlier quoted context omitted.

The day I sell a company for $13Bn I will declare myself successful. Not everything is going to be a a half a trillion dollar company.

Not if you bought it for $20bn. Wholefoods is publicly owned and the price that Amazon pays is below their price a few years back. It's not about size, $13bn is a lot of money. But Wholefoods needed a strategy or buyer, otherwise they would've faced serious problems in a few years.

How much have they paid in dividends since they cost $20bn?

Re: Amazon to Acquire Whole Foods for $13.7B

#526

Earlier quoted context omitted.

I mean to be fair, most of the jobs at WF stores ARE unskilled labor though.

Not true. I know several people that have good careers at WF and would be offended by the fact that you think they are unskilled. Seasonal workers in the FCs literally get only 4 hours of training and are then filling orders. That's the pure definition of unskilled, and a far cry from a pastry chef at WF.

Oh well, you know a dozen people working at Whole Foods that have good careers, guess the literal thousands of people working in the stores, filling the shelves, being cashiers, etc., usually being the first ones to be thrown away, overworked and overpressured don't exist then. Only white collar jobs matter after all.

Enjoying your ivory tower I hope?

Re: Amazon to Acquire Whole Foods for $13.7B

#527

Earlier quoted context omitted.

You're kidding, right? Programmers are decently paid but should strike for a 40-hour work week.

I work 40 hours a week. Sometimes I work 45, and I usually offset it by cutting it shorter the next week. I have no need (or desire) to "strike" just because some businesses/orgs/teams are garbage.

No competent programmer I know has to work 40 hours a week to have their needs met. The best ones charge rates would allow them to have their needs met working <10 hours a week.

Re: Amazon to Acquire Whole Foods for $13.7B

#528

Earlier quoted context omitted.

I really don't undertand how companies like Blue Apron and Plated ever expected to be in business very long. Do they get many repeat customers? Theoretically a subscriber would actually learn to cook over time and then Blue Apron would lose that customer... I just don't understand the long term goal.

Churn through customers and VC capital until aquihire?

The SV way.

Re: Amazon to Acquire Whole Foods for $13.7B

#529

If Hacker News had gold I would give it to you.

I don't understand why I got 10 downvotes on this one. What is the matter with this comment? What am I missing here?

You did nothing wrong. The HN-hive-mind deludes itself that it's a higher order being.

Re: Amazon to Acquire Whole Foods for $13.7B

#530
post #490
post #449

Earlier quoted context omitted.

It is important to note that the antagonism between union and management is especially bad in the U.S. Germany demonstrates one arrangement that generally works to align the interests of the two. Just calling this out to try to counter the tendency of U.S. folks to assume that there is only one, unchanging form of capitalism. In fact, ours is increasingly a weird outlier.

What is that arrangement? How are their interests aligned?

Organized labor is treated as stakeholders in the enterprise vs a counter-party in the US.
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