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The only constant is change. Always be selling, and always be closing. https://www.investopedia.com/terms/a/always-be-closing.asp https://www.investopedia.com
by lotsofpulp 3y ago
The only constant is change. Always be selling, and always be closing.
https://www.investopedia.com/terms/a/always-be-closing.asp https://www.investopedia.com/terms/a/always-be-closing.asp
Also, Wayfair is in the business of selling low quality, low profit margin goods, competing with Aliexpress/Amazon resellers/Walmart/etc. I would not expect much from working there. If the business is earning crumbs, then workers will also likely get crumbs.
Wayfair also does not even earn crumbs, it loses them.
https://www.macrotrends.net/stocks/charts/W/wayfair/profit-margins https://www.macrotrends.net/stocks/charts/W/wayfair/profit-m...
And the people who study businesses’ performance think its value has not changed in 7 years, a time period when other businesses have skyrocketed:
https://www.macrotrends.net/stocks/charts/W/wayfair/market-cap https://www.macrotrends.net/stocks/charts/W/wayfair/market-c...
All signs that workers are not going to get much. Can’t squeeze water from a stone.