4 ms·

While this seems like the perfect synergy with a company that has too many branches and not enough business, those branches are also tiny. I'd bet employees ar

by mapt 5mo ago

While this seems like the perfect synergy with a company that has too many branches and not enough business, those branches are also tiny. I'd bet employees are not enthusiastic about becoming UPS. Becoming Radio Shack / Microcenter, as far as 3D Printing and DIY electronics, seems like it intersects with their target audience more, but they're also probably pretty short on space for that.

cyanydeez 5mo ago
yeah, their shops arnt sized to do much more than UPS style package movement. I dont see it as a good value, but it's the only thing I see as a synergy. Otherwise it's just more garbage capitalism.
- alchemist1e9 5mo ago
  > garbage capitalism. How is this defined?
  - jfengel 5mo ago
    Moving money around and pretending that there is more of it.
    - alchemist1e9 5mo ago
      You mean leverage/borrowing? Pretty time tested mechanism of risk taking in free markets.
      - idiotsecant 5mo ago
        Moving money from one pile to another so that you can skim a little off the top is imaginary work and is slowly destroying the west
        k33n 5mo ago
        That’s not what’s slowly destroying the west but I understand that I must keep my remarks on this Marxist-friendly website very tame.
        mapt 5mo ago
        It's always gone on, and probably always will on some level. It's only when it becomes the primary concern that capitalism eats itself.
  - smallmancontrov 5mo ago
    Slumlord owners of the network effect monopolies innovating ever lower investment in innovation and upkeep with ever higher increases in rent extraction, with a few nipple tassles slapped on the side to entice retail investor hype cycles.
  - rchaud 5mo ago
    A few things come to mind: - SPAC IPOs that dodge standard disclosure requirements and worsen information asymmetry. See WeWork. - Board positions filled with CEO loyalists instead of independent directors. See OpenAI firing Altman before Microsoft reinstated him. - Management taking seemingly arbitrary decisions that turn out to be directly linked to their own compensation. SpaceX ordering a bunch of Teslas, or merging with a distressed asset (xAI). See above point on loyalist boards. - The very concept of leveraged buyouts where financiers borrow money to buy a company, then put the burden on repayment on the company AND pay themselves hefty management fees. This inevitably leads to layoffs and a rapid decline in product/service quality while the company is scrapped for parts.
  - deleted 5mo ago
    [deleted]
ineedasername 5mo ago
employees are not enthusiastic about becoming ups Employee enthusiasm isn’t really much of a factor. For better or worse, in the event of significant change of the brick & mortar day to day operations then employee continuity & institutional knowledge is even less of an actual strategic asset than the minimal treatment it already gets in consideration.
FireBeyond 5mo ago
> I'd bet employees are not enthusiastic about becoming UPS. At the same time, most of the employees at my local UPS store have openly expressed a lack of enthusiasm about becoming Amazon returns employees.

by mapt 5mo ago

cyanydeez 5mo ago

yeah, their shops arnt sized to do much more than UPS style package movement. I dont see it as a good value, but it's the only thing I see as a synergy. Otherwise it's just more garbage capitalism.

alchemist1e9 5mo ago
> garbage capitalism. How is this defined?
- jfengel 5mo ago
  Moving money around and pretending that there is more of it.
  - alchemist1e9 5mo ago
    You mean leverage/borrowing? Pretty time tested mechanism of risk taking in free markets.
    - idiotsecant 5mo ago
      Moving money from one pile to another so that you can skim a little off the top is imaginary work and is slowly destroying the west
      - k33n 5mo ago
        That’s not what’s slowly destroying the west but I understand that I must keep my remarks on this Marxist-friendly website very tame.
      - mapt 5mo ago
        It's always gone on, and probably always will on some level. It's only when it becomes the primary concern that capitalism eats itself.
- smallmancontrov 5mo ago
  Slumlord owners of the network effect monopolies innovating ever lower investment in innovation and upkeep with ever higher increases in rent extraction, with a few nipple tassles slapped on the side to entice retail investor hype cycles.
- rchaud 5mo ago
  A few things come to mind: - SPAC IPOs that dodge standard disclosure requirements and worsen information asymmetry. See WeWork. - Board positions filled with CEO loyalists instead of independent directors. See OpenAI firing Altman before Microsoft reinstated him. - Management taking seemingly arbitrary decisions that turn out to be directly linked to their own compensation. SpaceX ordering a bunch of Teslas, or merging with a distressed asset (xAI). See above point on loyalist boards. - The very concept of leveraged buyouts where financiers borrow money to buy a company, then put the burden on repayment on the company AND pay themselves hefty management fees. This inevitably leads to layoffs and a rapid decline in product/service quality while the company is scrapped for parts.
- deleted 5mo ago
  [deleted]

ineedasername 5mo ago

employees are not enthusiastic about becoming ups Employee enthusiasm isn’t really much of a factor. For better or worse, in the event of significant change of the brick & mortar day to day operations then employee continuity & institutional knowledge is even less of an actual strategic asset than the minimal treatment it already gets in consideration.

FireBeyond 5mo ago

> I'd bet employees are not enthusiastic about becoming UPS. At the same time, most of the employees at my local UPS store have openly expressed a lack of enthusiasm about becoming Amazon returns employees.