This Private Equity Firm Owns EVERY Chain
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Published 2024-02-29
This is "How They Got Rich" by The Class Room at More Perfect Union.
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All Comments (21)
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Unsurprisingly, these were all named brands I've noticed fell off a fucking cliff in quality.
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Don’t get me started on private equity in the medical field. I worked at a hospital for seven years. My second year there a private equity company bought it. They immediately started to cut hours. They let go of nurses to cut costs. They increased the productivity numbers for patients to an unattainable number. They threatened to fire people who joined unions. The result, patients suffered and great medical professionals left in droves. I think anything less than $20 an hour is an unlivable wage if you expect anyone to have a reasonable quality of life. But of course, private equity doesn’t give a shit about anyone other than their investors.
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now this is the journalism i like to see. i don't care about two celebrities hooking up. i care about this.
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Most people don't know that huge corporations own so much. Monopolies disguised as free markets. It's really quite stupid.
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Working class unite! All races. If you work for a living and don’t own the business, then you are the majority. The rest barely matters folks, stop letting them divide us!
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Nothing feels better than aiming a bright spotlight at reclusive, parasitic billionaires. For someone who wants anonymity, it sure is weird to name your company after Howard Roark, the loudest and most conspicuous asshole in fiction
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Avoid name brands. Period. Boycott them all and go union, local, farmer's market, community garden, and your own backyard. Seriously! Your local ecosystem and community is at stake, along with the rest of the planet. These people only know greed and can never be satiated so, let's quit trying. Everything I just mentioned is akin to pulling their base of support right out from under them and re-empowering yourself, family, and neighbors.
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I've noticed that the quality of the food at all these places used to be great or at least decent but in the last decade or so have fallen off in quality immensely it's bad ...
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Amazon did this with delivery. Amazon has ZERO accountability or responsibility for delivering your package.
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A $7.25 wage cannot get anyone in any US state a one-bedroom apartment. Neither can $15. Stand up for yourself, and your coworkers.
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I'm always amazed when founders of companies say: WE STARTED FROM NOTHING. Such a freaking cliche.
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Haven't been in a subway for years and was blown away by how expensive things had gotten. $12.99 for a footlong that used to be in the $5 menu. Total trash quality. Bread was crusty, veggies were borderline rotten, and the meat looked fake. One dude working there and he couldn't have cared less about service.
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When $100M is nothing.
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They own 'The School of Rock', where they teach you how to stick it to the man and rage against the machine.
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We all thought capitalism was supposed to be about competition but we were lied to
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It's disgusting how companies keep relying on the same old excuses to prevent people from earning a living wage.
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Subway states 'Size not guaranteed' on most advertising due to 'Differences in cooking' but it should also 'Quality & customer satisfaction not guaranteed, Note; our bread is cake'
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They did all this with near 0% loans that were subsidized by taxpayer money. Neat trick.
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As someone my age, what subway used to be 30 years ago and what it is now is incredible. The food is garbage. It used to be awesome.
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Weren't we supposed to have laws against monopolies??