I want to point out that you aren’t just bringing some corporation with no human consequences to its knees. You are talking about people who suddenly have no job to pay higher electric bills, higher food prices, to say nothing of mortgages and rent. Think about the families that have children with no health insurance.
880 families will not be spending on anything they can do without and even some things they shouldn’t have to eliminate from their budget. This will impact jobs for others outside of 7-Eleven that provide those goods and services. This is the way recession is created. Obviously, this by itself isn’t going to throw the country into recession but it is certainly going to have a negative effect especially as it impacts other companies and businesses.
We need 880 additional jobs in Dallas and surrounding areas. Where are these going to be found? What happens to the single mother families who have no extended family to assist them?
Please don’t think I am a supporter of the way 7-Eleven is run. I worked for them for 32 years. I was lucky, I got to retire on my terms. They did not get to have security walk me to the door like a thief (That is a favorite method of thanking long and short term employees for their contributions when they have a layoff or fire someone.).
The HR department as a whole tried to make trouble for employees whenever and wherever possible. The best way to survive was to make sure that department forgot you existed. Since HR couldn’t or wouldn’t even write a job description it was possible to be forgotten. Incidentally, I didn’t have a negative encounter with HR, I just worked very hard not to come to their attention.
If a Japanese company becomes the owner of the company you work for run don’t walk to the employment office. You will not enjoy the so called improvements they make when they take over. And no, I don’t hate minorities, I am just telling the truth as I learned it working for 7-Eleven.
That is enough negative information. Warts and all I am not celebrating the demise of 7-Eleven. Some good people who did not deserve this are hurting today and I am truly sorry for that.