Thread regarding Whole Foods Market Inc. layoffs

A Simple Solution for WFM Problems

We need to delist from the stock exchange and go private. We need not to listen to the bankers and fear quarterly results. It's all short sighted. We make money and we have amazing people working here, people who care and are highly driven. Talented. So, let's focus on our guests, our stores, our workers, let's working with vendors to make things better. Everyone will be happy, the company will thrive and flourish. If we continue down this path, you'll see us change direction every three months as financial results come in and things will always be up and down, stop doing that. Go private, give employees some ownership, everyone will much better and be much better motivated. Stop cutting benefits, stop limiting wages, let people enjoy fruits of their work and you will see how amazing this company can be.

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Post ID: @OP+DH3hAgX

10 replies (most recent on top)

But... Impossible. The company is already public. Goldman Sachs owns 20million shares I believe, while mackey himself only owns 780,000 shares of his own company? He owns less than 2% of his company. He has dug us so far into a whole and kept it hush hush, that they can't do anything about it.

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Post ID: @PgP+DH3hAgX

Good idea all wall street cares about is money.

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Post ID: @R6r+DH3hAgX

One great sampleeeeeeeeeee!

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Post ID: @ew7+DH3hAgX

Bravo. Well said.

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Post ID: @sm3+DH3hAgX

I completely agree, but also know it will never happen. Stock options are too delicious to the higher-ups. Plus, John Mackey wouldn't be able to take that famous $1-a-year salary w/o providing rim jobs to all of Wall Street on the daily

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Post ID: @Yie+DH3hAgX

private!!!!

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Post ID: @WUt+DH3hAgX

How do you plan to do this, comrade?

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Post ID: @C92+DH3hAgX

Agreed

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Post ID: @uul+DH3hAgX

Amen

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Post ID: @Rs1+DH3hAgX

Yeah, that'll happen.

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Post ID: @OAJ+DH3hAgX

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