Thread regarding Walgreens layoffs

Remember when?

The Four-Way Test, written by a friend of Charles R Walgreen Sr at Rotary International, was adapted for and adopted by Walgreens in 1955. Based on ethical business principles, these four questions were the foundation of the Walgreen Way:

  1. Is it the truth?
  2. Is it fair to all concerned?
  3. Will it build goodwill and better friendship?
  4. Will it be beneficial to all concerned?

No, no, no, and no. Pathetic.

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Post ID: @OP+1jpagvp0j

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To the commenter who added to the 4 way test - bravo you literally have the comment of the year! Well done my friend! Couldn’t have said that better myself!

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Post ID: @r8+1jpagvp0j

This is the Walgreens 4-way test today...

  1. Is it the truth? (Only as long as it's what we want employees to hear)
  2. Is it fair to all concerned? (No, only our shareholders and board members matter)
  3. Will it build goodwill and better friendship? (Only as long as it's with investors)
  4. Will it be beneficial to all involved? (To the board of directors yes, to employees no)
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Post ID: @kz+1jpagvp0j

The four Fs are the same for Private Equity companies as well.

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Post ID: @dt+1jpagvp0j

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