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this post was submitted on 26 Dec 2023
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Can't trim executive pay or profits. Must cut out services. All hail the mighty dollar.
Same reason my bank branch has tons of empty stations and only two tellers and a long line. Same reason they're closing the drive-through lanes where my mom banks in the midwest. Convenience for customers is now the enemy getting in the way of higher profits.
I recently introduced my partner to The Sopranos. It opens with Tony Soprano commenting that he feels like he got into the scene (the mob) at the end of its heyday. I feel that way about capitalism.
Anecdotal for sure, but I can't remember the last time I actually had to step foot in a bank. I'd argue that banks CAN cut staff as I can't be alone in not really needing to go into a physical shop to bank anymore. All my banking requires an appointment.
However, fast food, in particular pizza places, need delivery drivers. Especially pizza hut. I can't for the life of me think that people are going to go in and sit at a pizza hut anymore.. what is it, 1988?
There’s a bunch of old dumbasses who refuse to learn any new skills. We’re still gonna need people at banks until uhhhh… they’re gone.
I'm sure no one has needed to wire large sums of money or get cashiers checks these days, no one buys homes either anymore right? Fraud definitely doesn't exist either 🤣
Just because you don't have a use for it doesn't mean others don't. I'm sure there are many reasons I can't think of for wanting to go into a bank in person, if that works for the folks that do it, how is that a problem? Does that harm you?
If you're a small business, you very well might be at the bank at the end of every single day to deposit earnings for the day. I know when I was managing a cellphone shop, I'd be heading down to the bank across the street every Friday to drop off everything we made that week.
To be fair, just because you may be out of touch with some part of business or society doesn't mean it no longer exists or operates.... That's incredibly self centered. We are all out of touch with various industries, but that doesn't mean it no longer operates as intended.
Every pizza shop I've been to in the last 5 years has been bustling with sit down eaters. Just not pizza hut.
Well I mean yeah, how else are CEOs going to have 15 yachts? You think having only 14 yachts is acceptable? Yeah right!
Well I obviously need a yacht to dock my yacht in. What kind of sloven only has one billion kind of oligarch do you think I am?
https://youtu.be/TJcnrcnQjNY?feature=shared&t=45
To be fair, most of these are franchises. Meaning the restaurant itself makes money from the food sales and rats the costs of supplies and workers.
The franchise, like McDonald's, makes their money from the real estate.
The consensus seems to be Holsten's