Will Lowes fire all full time associates. FT garden center , lumber. Etc.
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By 75/25 ratio I meant 75% part-time to 25% full-time.
The fact is that benefits cost as much or more than hourly wage, and companies are transitioning to majority part time work forces to accommodate demands for higher wages and to also cut their highest expense—labor. Lowe’s wants a 75-25 FT/PT ratio in its stores. That basically means outside of management they want a part-time work force in the stores working in the aisles and serving as the front line to engage customers. Unless you are willing to progress into a manager role, you better be satisfied with part-employment if you plan on continuing to work at the store level. That’s where we are headed.
That's not an argument.
2 mo–ns debating. priceless.
No, absolutely not. You'll all transition to PT or unemployed to please the great turtle.
Labor should never be diminished? If it saves money to fire your workers and replace them with robots, it will happen. It already does. You can call that something other that capitalism, but then your'e just dancing around with your own alternative definitions.
If by socialized enterprises you mean something like worker coops, that doesn't seem to reflect the facts on the ground. Having to work inside this system, a coop can take more people to get going to get the initial capital, but can prove very resilient. Look at the Mondragon corporation for an example of this. It employs more than 74000 people and has been around for quite a long time now. When they need to cut back on their budget, they don't need to fire people - everyone just works a little less per week in order to save jobs.
If you think democracy works for society why would you settle for autocracy in the workplace?
Faulty analysis of capitalism. Labor as a means of production should never be diminished in a capital economy, it should however be subject to the market. What restructuring is really goes against any
sound. capitalist business, because production is thrown into chaos. Layoffs, furloughs and terminations occur more frequently in socialized enterprises that lack the capital and success in the market that also become easy targets for bottom feeding hedge funds who produce nothing, hence the death spiral. Thank you
Not immediately, no. That would drive down stock prices considerably. At the same time, you can see that this is largely their goal so long as they don't rock the boat too much at any one time. That's why department managers positions were eliminated, but they were given 12 months instead of being fired outright.
And yes, that move predates Marvin. Because as bad as he is, squeezing labor costs to save money and increase profits is what capitalism does. And it's the hidden contradiction in capitalism that will bring it to its knees: the capitalists fire labor to save money, but the people who were fired have less or no money to spend on the things the capitalists are selling which hurts the economy.
When you fire one person but keep the position open for another, this is temporary. But when you fire a full timer and replace them with a part timer, or better yet some form of automation, the death spiral becomes much easier to see.
Managers will be the last ones out of the door, but not even that position is safe, long term.