It's hard to ignore gossip and rumors at work, whether at the water cooler, in the bathroom, or in an email sent to the wrong recipient.
Of course, sometimes gossip is nothing more than just that, with no truth or validity to it whatsoever.
Other times, however, it turns out to be accurate, and what's more, should it become public knowledge, it could become truly damaging to the company's reputation and business.
Hence why many companies make all their employees sign an NDA, often preventing them from sharing information about whether they continue to work at the company or not.
Not all companies are as careful, however, resulting in some employees leaving with the knowledge that could one day force the company to go under.
Redditor broadway96 was eager to hear the juiciest information people learned about their former workplaces which they weren't supposed to know, leading them to ask:
"What's a company secret you can share now that you don't work there?"
Off The Books, But With Good Intentions
"This isn't a company secret, but:"
"I worked part-time at a Domino's franchise in college."
"The owner was, at first glance, a short-tempered, critical penny-pincher who did everything he could to save a business money, right down to watching over your shoulder to make sure you didn't put too much cheese on a pizza."
"Cheese is called 'white gold' in the pizza industry, even back in 2002."
"But after working for him for a while, you realized why he was so specific about the margins."
"Twice yearly, he would send out generous bonuses (in the form of money orders made out to his employees from his own personal savings account) to the college students working for him."
"the checks/money orders contained the memo line 'keep learning!'"
"The amount of the money orders would be directly correlated to the profit margins of the stores he owned. The dude did legit profit sharing."
"After I graduated, I heard a rumor that he was trying to start up a small education grant trust that would benefit applicants of the Farmer School of Business at Miami University, but I don't think anything ever came of it."
"This owner also played favorites when hiring."
"Every single one of his managers was a former employee."
"Three of the four managers at his stores when I worked there had graduated from my college with business degrees."
"All four of them had a small portion of their education paid for by Marvin Covington."
"Marvin Covington, Oxford, Ohio Dominoes owner from Vevay, Indiana, died in 2017."
"That dude knew how to do business, and do it right."- sunward_Lily
Season 1 Netflix GIFGiphyIt's all in the branding
"I worked at L’Oréal."
"The cosmetics from L’Oréal and Lancôme are practically the same."
"But Lancôme costs like $20 more."- BayBel
A Literal Comic Book Villain
"I worked at a comic book store that offered a service where you paid a small premium to have sent in rare comics to have them graded at CGC."
"A few months later we had many customers coming in to check the status of their comics."
"We contacted the owner to see what was going on, and he would always claim that there was some distribution problem."
"Fast forward a few months, we found out he was taking customers graded copies and selling them online while trying to return back issue versions of their original comics."- ZealousidealWay1139
The American Healthcare System Everyone...
"Health insurance dude."
"When you file a claim, it is often denied because they're counting on you not escalating it."
"Once you do, your case goes to a 'medical management group' which ought to be called the 'we don't wanna pay' group."
"Keep escalating and involve your doctor."
"Fight for the insurance you paid for."- theUttermostSnark
Pop Culture Politics GIF by PBS Digital StudiosGiphyWow.
"The vehicle modification shop at Chillicothe Correctional Institution in Chillicothe, Ohio dumps waste coolant from the machine shop into a storm drain that empties directly into the Scioto River, because the chemical disposal tank is a 55 gallon drum in the paint shop, and that's much too small.
"They can't throw me into solitary confinement for complaining anymore."
"This happens about once a year, when the machine's coolant reservoirs are emptied and the coolant replaced."
"It's not on a schedule, it's one of those things that you do when work is slow."
"Each machine holds 15-20 gallons, and usually you just add more as it evaporates, but eventually it gets nasty and needs replaced."
"It's supposed to go in a waste tote to be disposed of safely, which is what every non - government machine shop does."
"Being able to prove this is being done would require knowing when they're going to do this, and that's a decision that's often made spur of the moment - hey, work is slow, let's have a clean up day."
"There aren't any phones in the machine shop, either."
"A container to store the waste properly costs $200."
"Why waste taxpayer money when we can just poison the taxpayers instead?"- Pariahdog119
Neat Freak! But It Paid Off...
"I don't think it's a bad secret at all."
"But back in college, I delivered pizzas for Papa John's."
"The store manager must have had an undiagnosed case of OCD or germaphobia or something."
"Because every night, he would assign someone to do the cleaning duties (mopping floors, double checking expiration dates/throwing away expired stuff, etc.)."
"And every night, he would absolutely lose his temper and berate whoever was doing the cleaning."
"They were going too fast, they weren't cleaning everything, whatever."
"After that, he'd always take over the cleaning himself."
"He was amazingly picky about the cleanliness and food quality."
"'Expiration date is three days from now? F*ck that, I'll order more'."
"Throw that sh*t away, we're not serving it'."
"He would also go out of pocket to buy special cleaning products 'because that worthless bullsh*t that corporate wants us to use doesn't get the job done'."
"He also went out of pocket to hire some kind of specialist to clean out the fountain drink dispenser, ice machine and all that stuff."
"'The machine needs to always be as close to brand new as possible!'"
"One stand out moment for me was when he reduced a cashier to tears by hollering 'Would you eat off this floor? No? THEN IT'S NOT CLEAN ENOUGH!'"
"He wasn't telling her to eat off the floor."
"He was just making a point."
"After we'd closed the store, he'd kick all of us out, lock up behind us and stay until something like 2am cleaning the place."
"You always knew when he closed because you could smell the chemical scent still lingering in the air."
"The end result of this was the store, the food, the equipment and the facilities were always in squeaky clean condition."
"Customers (somehow) picked up on what a perfectionist the store manager was and bought from us all the time."
"Because there's a lot of peace of mind that goes in with knowing your food was cooked by someone willing to throw ingredients away BEFORE the expiration date, stay in the store until God knows when cleaning everything, etc."
"The true irony was how much the boss hated himself because he didn't think he was doing a good enough job to run a clean restaurant with fresh ingredients."
"It didn't matter how many compliments he got from customers or how many service industry veterans said they'd never worked in a place as obsessive about freshness and cleanliness as his Papa John's store, he was convinced his store was still a filthy barn."
"Eventually, he got promoted to some kind of higher level corporate position (district manager?) that required him to visit other stores and make sure they were all up to spec."
"The end result of that was a LOT of stores in this area all improved seemingly overnight."- EponymousTitular
Season 10 GIF by FriendsGiphyEasy Way To Get Attention
"If you pick up a wall phone at Home Depot and push '7' it activates the store wide intercom."
"This works in every store in my province afaik."- _Zoko_
Be Careful What You Say...
"If you were on Live Chat with Customer Care, I could see what you were typing before pressing send."
"I watched people work through grotesque, racist, sexist statements, fraudulent lies and mistruths, meticulous grammar fixes, and their whole range of emotions in real-time before deleting and typing 'ok'.”- BariatricPressure
2 Secrets For The Price Of One
"Ford parts from Mexico are way more reliable than Ford parts from Detroit, or at least they were before 2020."
"I worked in Detroit and we had some customers who were fussy about us always doing repairs with Michigan parts, but when we had a problem that wouldn't stay fixed we would always secretly switch to the Mexican parts, which did solve things."
"I was a prison guard a decade ago and we installed some facial tracking software in the surveillance cameras."
"One of the inmates panicked while cleaning the unused solitary confinement cells--which is usually a desirable job, it's easy as f*ck and nobody pays attention to you, and he insisted that he be moved out of that job because there was a ghost."
"The ranking officers decided to check the new cameras, and the security software claimed it saw a face behind the inmate at the same time as he was visibly startled in the camera footage."
"We're all aware there are mundane reasons why a new facial recognition system would think it saw a ghost, but since the inmate and the security software both thought there was a ghost it was decided that the inmate should be immediately transferred at no penalty."- NoAnTeGaWa
season 9 GIFGiphyIf some walls could talk!
Then again, any jilted employee will likely do all the talking for them...
In one of the more memorable episodes of the iconic sitcom Friends, Monica's boyfriend at the time, "Fun Bobby" was more often with a drink in his hand than without one.
But when she confronted him about this and he stopped drinking, it soon becomes abundantly clear what it was that made "Fun Bobby" fun.
This isn't at all a unique situation.
Have you ever gotten food after having enjoyed a few drinks with friends, then returned to the same restaurant to discover the food was noticeably less good without alcohol in your system.
Redditor gustavowdoid was curious what other food, experiences, or people seemed to be better when enjoyed with varying degrees of alcohol, leading them to ask:
"What is something that is totally lame without alcohol but totally awesome with alcohol?"
"Here comes the Bride..."
"Wedding receptions."
"Having been to a dry one, it was seriously THE WORST!" - stubept.
Married At First Sight Lol GIF by LifetimeGiphyYou don't know where that dog has been...
"Back in my university days there was a hotdog cart outside the bar after closing every busy night."
"We always lined up for one since they were the absolute best dogs in town."
"I stayed sober one night and got a hotdog after the night was over."
"I couldn’t believe how disgusting it was."
"Cart hot dogs after the bar are totally awesome with alcohol."
"Not so much without." - Big-Challenge-1652
Dance like nobody's watching.
"Dancing in a big crowd to music you'd normally never listen to." - Darkdreams28.
"Crowds of people and loud music when I'm sober: Headaches, anxiety, want to get out of there ASAP!"
"Crowds of people and loud music when DRUNK: WOOO! F*CK YEAH! PAAARTAAAY! "- Ins0mnimaniac.
"Raves."
"I went to see deadmaus sober and i quickly realized i had to be drunk or high to not get annoyed by everyone else haha."
"People high as hell pushing you, dropping drinks etc."
"Was pretty cool but i was cursed as the designated driver." - User Deleted
happy dance GIF by Roanoke CollegeGiphyWouldn't this just make them "games"?
"Drinking Games."
"You ever played ring of fire with cups of water?" - SeanRodrieguez.
This way they'll think they're actually winning...
"Playing Mario Kart with my non-gaming family."
"Suddenly I'm on their level!" - BlackeyeThe2nd
My boss needs to think I'm having a good time...
"Work functions."
"Company Christmas party with booze vs. dry as night and day." - Brancher.
How are we related again?
"Family gatherings." - smellslikeloudoggg
More like "bored" games...
"Any board game!"
"Especially Monopoly scrabble and operation."- Calypos_Luna
Better question is, what isn't better with alchohol?
"Life, in general."- supbiatches1
Happy Spring Break GIF by HBOGiphy"Snifter stupid martini glass cocktail onions."
"Being quiet around others while they're yapping."
"Singing randomly in public situations."
"Bad music."
"That drink with tomato juice and an oyster in it."
"Really salty food like just salty chips, I like more flavor."
"Clamato, that weird blue juice that goes in that blue tiki cocktail."
"Dried fish."
"Oily fried fishes Cheap burgers or frozen pizza."- dumbnunt_
Liquid patience
"To have someone else talk to you about their mind blowing ideas, and just sit there and be like 'dude that’s gonna f*cking change the world'."- GrouchyInteraction12
Beer puts the "B" in Barbecue
"Cooking food on the barbecue."- leatherwolf89
Labor Day Drinking GIF by Twisted TeaGiphyMight be worth a second viewing?
"Certain films, 'Twilight' being the classic."
"Highly recommended getting drunk or high and watching a kinda sh*tty film."- ViSaph
It depends on the mood I'm in...
'Listening to live music you don’t like."- peachycreaam
"EPCOT at Walt Disney World is lame as a kid, but as a grown adult, its the best place."
"Just go in and drink around the world."- El_JEFE_DCP
disney world thanksgiving GIF by Disney ParksGiphyWhy do I suddenly find this so intruiging?
"Things you aren’t usually interested in."- fawnsweb
So.Many.Kids.
:Kid's birthday parties."
"A few dozen shrieking kids isn't too bad when you're half c*cked on some beers."- Woah_man34
Happy Birthday Reaction GIFGiphyNext time you eat something, or watch a movie, or visit a location that isn't as good as you remember, it might be worth reflecting on what you were drinking at the time.
Loyal customers who patronize a variety of businesses tend to look the other way if they sense something about the company is up to no good.
But when a corporation has such a terrible reputation that is beyond the pale, it leaves a once faithful patron no choice but to no longer require its services.
Curious to hear from strangers who refused to associate themselves with a company, Redditor lubedupduck asked:
"What's a corporation that nobody seems to realize is evil?"
When it comes to handling your finances, these are the corporations apparently ones to look out for.
Not Free Or Easy
"Intuit, the maker of TurboTax. They’ve worked very hard for years to make sure filing your taxes is neither free nor easy. https://www.propublica.org/article/inside-turbotax-20-year-fight-to-stop-americans-from-filing-their-taxes-for-free"
– Allied_Biscuit
Credit Bureaus
"The credit bureaus - Equifax, Transunion, Experian."
"Their business model is based on building up as much information about you as they can from sources you can’t vet, control, or have the ability to approve. You can’t look at the raw data (just their compiled reports). It’s your job to correct the data that they gathered (vs them validate the data). You have no control and can’t stop them from gathering the data. And their analysis has direct implications on many of your financial activities."
"Ohh and my favorite above all - they are a data company having some of the most personal information about you which has direct financial implications on your life, but if (when) they are breached and that data is exposed it’s your problem to deal with the repercussions."
– Tifoid
Missed Payment
"I had a Credit Card with Elan for years that I didn’t use. I had it on auto payment and the only thing on there was yearly fees. I never closed it out because it was an older established line of credit and closing it would impact credit score. Randomly they had an update and their system rejected my bank routing. So I missed a payment and surprise surprise nobody contacted me to let me know I was delinquent on the $20 (from their yearly fees). My credit dropped 80 points from that one missed payment. Elan, Equifac, Transunion, Experian all gave me the run around and basically said tough sh*t. Took months to settle and my credit is still stuck in low 700’s despite only missing one payment in a decade which I paid the entirety of the balance and closed out the card."
– snacknslash
A Costly Reputation
"Goldman Sachs. The other financial companies think they're evil, which is saying something."
– Cyberzombie
These are companies whose alleged dealings in other affairs make negative impacts.
Bearing Rotten Fruit
"The Dole and Chiquita fruit company . The things they did in the mid 1900's would have been evil by 1600's standards."
– Diddy_Block
Not So Slick
"Shell. This company started wars in Africa."
– radeakins
"Every oil company is insanely evil. I think most people realize this. In fact, a picture of Steven Donziger (an American political prisoner who dared to cross Chevron) was on the front page earlier."
– nirad
A Bad Connection
"Verizon"
"In 2018 A California fire chief said Verizon throttled his crew's Internet speed during a wildfire crisis to 1/200th of its original data plan, even though the fire department had an 'unlimited' plan."
"Fighting wildfires and their data is throttled."
– Alston518
Not So Wholesome Grocer
"Whole Foods."
– theCurseOfHotFeet
"I worked for Whole Foods from 2007-2013. I remember a mandatory 'unions are bad' presentation that every employee had to attend. The whole thing was basically 'oh we treat our employees so well, we don’t need unions!' And then they warned us about sneaky union folk who would try to trick us into signing up for a union."
– imaginaryblues
Earning The Uniform
"I worked for Best Buy for like 6 months during college and they did the same thing. It was really aggressive training, and pretty laughable considering how dogsh*t the pay and hours were. They seriously made employees 'earn' their blue polo shirt, you had to work with no uniform until then."
"Even sadder was that several people in my training class actually believed it, I remember one girl thanking them for 'educating' her about how bad and unecessary unions were."
– rachelgraychel
People refuse to engage with the following services, and it's understandable as to why.
Reviews Suck
"YELP Bunch of leeches."
– AllTheCoconut
After The Flood
"I ran a store years ago. In 2011 the area had torrential rains in the spring. My store flooded, but that's an understatement. The entire city block flooded like you see on the news - cars floating, people being rescued, etc. The day after the water had subsided and cleanup started. The street was still blocked off. Anyway, I had the door open to my store with fans helping to air it out. I even put a sign up outside that said 'closed due to flooding, sorry'. Well my employees and I are in there cleaning away and out of nowhere I turn around and this young guy is standing in the middle of the store. I said, 'sir, sorry but we're closed'... He said, 'well your store hours say you're open'. At this point I'm about ready to kick him out - we're literally shoveling mud out of the store, how could any sane person think the store was open. I explained that the whole block flooded and all my merchandise was ruined."
"He got pissed off, yelled at me about not being accommodating and threw a glass cup across the store, shattering it and giving me even more to deal with. A few days later I found out he left a one star yelp review. He said I was abusive and racist (we're both white). He said the store was in deplorable condition and said he was filing a safety hazard concern with the city. I appealed to yelp with pictures of the flood and some jack@ss from yelp responded to me with something rude like, 'Next time you close your store to the public, maybe actually keep the doors closed.' F'k that company so much."
– Any_Ad_7571
All Those Extra Charges
"Ticketmaster."
– choref81
"The f'k they need to add all those extra fees for a digital f'king ticket for its not like they are actually printing a ticket and having someone post it out."
– Mccobsta
Even the Mouse was put on blast.
Not So Magical
"Disney..i will die on this hill."
– LordofMushrooms
"They alone are responsible for f'king up copyright law."
– BlartIsMyCoPilot
A Testimonial
"Former cast member Disneyworld - I can attest to this being true. 2005-2006 was when I was down there. A kid died on the Rockin' Rollercoaster in MGM Studios (now Hollywood Studios) - a seizure, I believe. I worked at the other end of the park in Sweet Spells. The guests were asking about the death because they were there. We were strictly told not to discuss it and just say we didn't know or hadn't heard anything. That poor baby died and we had to act like everything was ok - happy in fact. Another incident was the winner of the marathon that year dropped dead of a heart attack after crossing the finish line - everybody saw it. They drag your body out in a way as to not disturb guests (so if that means lifesaving help could get there faster, they don't if it would upset the guests) once they drag you off park grounds local teams can declare you dead. Even if you were dead. Even if everybody saw you die. It's traumatic."
– InterrobangDatThang
Following Traditions
"Yep. Worked there 2005-2006. Very racist. It is written in their rulebook. The 'traditional look' - I was made to straighten my natural hair because Black hair is 'unprofessional' to them. And because in their College Program your housing, transportation, and food is based on you working there, I had no choice."
"I worked with a lot of kids who had nothing - fleeing Hurricane Katrina and had nowhere to go, also kids from overseas whose families sacrificed so much for them to be there -- Disney banked off the fact that many of us there came from nothing and we're just scraping to get by. We were told we were lucky and not to question what they'd do. I hate them."
"Two words: Grocery Bingo. These mfkrs made us play real hunger games for our food. Imagine splitting a bag of Chef Boyardee, Pop Tarts, and Cheerios amongst four roommates - and that might be your food for the week. I stole food from my shop for us, but you can't live off of cookies and fudge. I hate them."
– InterrobangDatThang
If the product itself is satisfactory, it's one thing. But when a company is involved in controversial matters that tarnishes their brand, it it worth being loyal?
How much do you not know about the businesses you wholeheartedly are committed to?
These questions are definitely something worth exploring if you care to.
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Today's average consumer has plenty of options when it comes to patronizing a company for the services or merchandise they offer.
But there are also reasons why a discerning patron refuses to give their money to specific companies, regardless of whether or not they desire the product.
Curious to explore this notion, Redditor Snoo_72206 asked:
"What’s a company you refuse to support and why?"
Insurance companies failed to deliver assurance to these Redditors.
Ghosted
"Progressive. A few years back, an idiot crashed into my parked car with a lawnmower while I was at work."
"The owner of the lawnmowing company decided to play games and not pay for the damage."
"My Progressive agent ghosted me and his supervisor never returned my calls."
"I eventually got the money but Progressive didn't do a damn thing."
– The_Height_of_Folly
Unlike A Good Neighbor
"State Farm. Before we met, my wife was in a car accident that permanently damaged her neck, forcing her to drop out of college and abandon her dream to play violin professionally, and requiring her to get an injection in her neck twice a year for the rest of her life."
"She's been in a 4-year legal battle with State Farm as shes entitled over $100k since she was no way at fault for it."
"But they will not budge and keep demanding ridiculous things from her. Next month she's actually scheduled to fly back to the state where the accident happened so she can undergo a 10-hour psychological analysis (when she asked her attorney why they're asking for that, she pretty much said 'because they can')."
"State Farm also recently requested she shoot a video of her attempting to play the violin and then talking to me about how it make her feel that she can't play it painlessly anymore. In a recent deposition, they actually asked her if she had intentions to get medical treatment were they to award her with the money back when it happened."
"They've become such a pain but we've made the decision to fight it out as long as we can, because giving up is what they want us to do, and we want to prove to insurance companies that they can't screw over their clients like this."
"So yeah. Screw State Farm (and honestly most insurance companies)."
– Ben-Stanley
A Major Trauma
"Dude. State Farm is the worst. My sister was in an accident when she was 16 that left her with permanent brain damage, dashing her chances of the future career she dreamed of."
"It was a 10 year battle on settlement. The hoops they made us jump through… the disgusting tactics they used. They hired people to stalk me and my other siblings and report on our behaviour to build a profile on how much she was likely to succeed had the accident not happened to bring down the settlement."
"They belittled and publicly humiliated a 16 year old girl who was in a traumatic accident where her friends were killed."
"As a pre teen seeing all this, it actually completely changed me and opened my eyes to how evil people can be. Insurance companies are disgusting."
– MalBredy
Unreasonable Payout
"I know three people with State Farm homeowners insurance who tried to make claims and got laughably microscopic payouts."
"And then they keep their policies! What the fuck are you paying them serious adult premiums for, when they see the damage to your home and reimburse you with five bucks and a gumball?"
– driffson
A major social media platform and a popular ticketing service got the stank eye.
The Parent Organization
"Meta. What if I don't want to share my private info with you?"
– skycatminepokie
Chaotic Life
"my job required me to be on social media every single day, constantly be interacting with clients posts, constantly be creating content with the intent of trying to gt clients to share the content."
"i really do believe social media is a cancer on society."
"I know that reddit is also social media, but the anonymity makes it much less toxic and consuming for me."
– garlicdjango
Unhealthy Addiction
"I was addicted to Facebook for the longest time and it wasn't until I finally deleted it (not suspended, full deletion) that I realized what a profound effect it was having on my mental health. I'm not even exaggerating. I am so much happier without it."
"The friends I talked to all the time still talk to me through other mediums, and the ones that don't, just don't. And that's fine. I'm not even judging them for it. I'm in a much better place."
– starchystar
No More Live Events
"Ticketmaster - too many fees. Just don't go to live concerts anymore."
– username987654321a
"Ticketmaster:"
"Ticket price: $40"
"Service fee: $20"
"Paperless fee: $5"
"Fee fee: $3.15"
"Because we can fee: $2.00"
"You wanna go fee: $12.00"
"Print-from-home fee: $6.50"
"No physical copy fee: $16"
"No refund policy agreement fee: $8.00"
"Total: $112.65 F'k you very much."
"Sucker."
– Soulphite
Redditors thought these companies left a bad taste.
America's Favorite Food & Beverage Company?
"Nestle, is there anything ethical about them?"
– Aggressive-Ice-1009
The Partnership
"FYI Starbucks and Nestle are best buds now and have signed a multi multi million dollar partnership."
– poopybuttfacehead
Corporate Evil
"Nestlé. They are the very model of corporate evil. Raiding water tables in drought stricken areas, using child slavery to get their chocolate, and much more!! 🤡"
– Thintieguy
Local Business Killer
"Starbucks. It’s just too easy to support a local coffee shop if I’m in a situation where I can’t make my own coffee at home."
– PaticusGnome
Some retail companies were admonished by the following Redditors.
Bad Fashion
"Jaded London, ASOS, Primark, PrettyLittleThing & any other fast fashion brands that I can’t remember off the top of my head."
– brownguyinthecorner
The Reason
"It does go further than that for me, but my opinion does stem from their exploitation of child labour."
– brownguyinthecorner
Not Target
"Walmart"
"I used to work there and refuse to go there ever again. I put in my two weeks July 2020 and I haven’t gone there since. I refuse to step foot in any Walmart ever."
– funeralxfog95
Employee Confession
"Former Walmart employee here too that refuses to shop there. Union busting, encouraging people to work off the clock, threatening you if you get caught up doing work and accrue OT, humiliating public team cheers, inadequate training for dangerous equipment, constant busy work, terrible pay and benefits... not to mention that the only reason I ended up working there is they destroyed their local competitors in the town... f'k Walmart."
– BobGenghisKahn
Discomforting Atmosphere
"I started off hating Walmart as a kid because of the fluorescent lighting and overall depressed feeling that would overcome me anytime I would step foot inside one, and my hate has only grown stronger over the years."
– ChillNyeTheStonerGuy
They say America runs on Dunkin'.
That slogan alone made me give it a hard pass. The audacity. Everyone knows Starbucks is supreme.
I know, I know, the mega java chain is on every street corner in all major metropolitan cities and many customers may think they're overrated.
But say what you will. Their quality cup of joe is so much better than the mud Dunkin' Donuts passes off as coffee.
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People Share The Biggest Signs Their Company Is On The Brink Of Failure
Companies can either thrive or falter under the constraints of capitalism, especially during an economically devastating global health crisis that was only a short decade after the 2009 recession.
There are a few signs that can tell you when a company is on its last leg. Sometimes they can limp along for a few more years, but it might not be a bad idea to dust off that good, old resume.
We went to Ask Reddit to hear about those red flags and hopefully we can learn a few things from these horror stories.
Redditor Lofi_While_I_Sleep asked:
"What's a sign that the company you're working for is on its death strokes?"
Here's how you catch the signs so you know when to get out.
What comes before lay-offs?
"Having been through this, they start stripping benefits. Then comes the employee reductions and wage freezes. CEO leaves."
"As somebody who's been involved at a senior leadership level and had to execute lay-offs/reductions/downsizing, I'll add this; there are markers that come way before it gets to employee cuts. First it comes from top-down communications that start to talk about declining revenue or profit. Then, when senior leadership starts talking about saving, you know 'tightening the belt' it's a sign that leaders are thinking about how to cut spending, but that in it of itself doesn't mean a RIF (reduction in force)."
"The real thing to look out for is if leadership is talking about reducing cost but at the same time are not communicating a vision for innovating or changing the business model in a significant way. If their plan is to save money while doing exactly the same thing then this is the biggest red flag. A company rarely saves its way to profitability without innovating and generating new value to offset the decline. Penny pinching essentially just slows the decline and delays the inevitable."
- Z0MBGiEF
"Well said. My company implemented TPS (Lean) even in office processes before dropping the hammer."
"Pretty futile, it might buy some time but if your market share is on the decline and the company's products are not really that competitive anymore (and ownership/leadership isn't innovating/pivoting), than no amount of Black-Belt Six Sigma Consultant stuff is going to turn a dying business around. It's like trying to save yourself by going on life support when you really need a heart transplant. It's only a matter of time."
- Z0MBGiEF
"In a similar vein, be on the alert for what might be termed 'musical chairs' behavior among lower and middle management: blame is going to land somewhere and so each little team leader and department head scrambles to cover their a**."
" If you don't have the vantage to see that dynamic firsthand, then be on the lookout for nonsensical expectations, which get followed by different pie in the sky initiatives that seem to be at cross purposes with the last set of orders (which were never really rescinded). Meanwhile your boss looks stressed and dodges questions when asked for clarification. Maybe the boss mutters this place is so f*cked up."
"That's the time to look for other opportunities, before the axes start to fall."
The "everything's fine" meeting.
"When management calls an all-hands meeting, to assure the employees that everything's fine."
- pullin2
"Sh*t, we have one of those planned for Friday."
"Time to update the resume."
We're a family!
"We are PARTNERING with a bigger competitor firm. We will stay a FAMILY and NOBODY is GOING ANYWHERE."
"Means you got bought out and everyone is getting laid off as soon as they have control of your business."
"Yep, 'merger' usually just means 'acquisition' and their ways imposed on you."
"Happened near me when two hospitals 'merged' with the usual puff of management and PR bullsh*t. All that happened was a load of Hospital A's outpatient clinics started closing and moved to Hospital B. Hospital A was the only hospital for 25-30 miles around and people were also travelling long distances from rural areas to get there in the first place, now they're expected to do another 20 miles south to Hospital B. Woohoo."
"Happened to me. It was announced as a merger but it was an acquisition. Six months later our management was walked out the door. We were placed under new managers who then stripped our responsibilities and our access."
"You forgot the cheerful chatter about 'synergies!' How could you possibly forget about how the merger is going to make everything so much better because of all the new opportunities for 'synergies'????"
"Lol. I went to this meeting the #2 said he was taking a pay cut. One of the research drs raised his hand and asked if it would help if we all took a pay cut. Every head turned and gave him a death glare."
"In that moment I would be contemplating a 100% pay cut... By updating my resume and passing it on the the competition. See I can be a team player too, once hired I just saved my old company some cash by not having to pay me anymore."
A tale of merging.
"I once worked for a company that rented medical equipment like pulse oximeters and defibrillators to hospitals across the US. Branch offices in every major city. I worked in IT, helping to run the mainframe. This was the late 1980s/early 1990s, and desktop PCs at the office were just becoming a thing."
"Anyway, we were extremely leveraged and one Saturday my boss calls me at home and asks me to write a massive report basically summarizing the total sales of every branch office, by hospital, in descending order of revenue. For the last five years."
"To put that in context, the physical output of such a report ended up being a stack of wide-carriage pin-fed computer paper that came up to my waist."
"I'm six-two."
"I knew this when I took the call and closed my eyes and said to my boss, 'We're being bought, aren't we?'"
"He swore me to secrecy."
"About 300 people worked at that HQ. We were informed we were losing our jobs by... [drum roll please] ... a voice mail."
"We came back from lunch on Friday to a company-wide VM telling us we were 'merging' with our next largest competitor. Of the 300 people in that office, maybe six got jobs with the merging company."
- dramboxf
These Actors Seemed Miscast But Absolutely Nailed The Role | George Takei’s Oh Myyy
The Actors Who Seemed Miscast But Absolutely Nailed The RoleFew people bought into the idea of Bryan Cranston in the role of Walter White before Breaking Bad...Pinching pennies.
"A really subtle one is when Purchasing suddenly starts thrashing around looking for 'new' vendors for basic things like copier paper, pens, staples, sh*t like that. That means they've burned their existing vendors by not being able to pay bills. I've seen it happen at least twice. Both companies ceased to exist within 12 months."
- dramboxf
"Could also be a sign they're trying to pinch pennies on office supplies. If how much you're paying for a ream of paper matters for your company, you're probably in trouble."
- 00zau
"Light bulbs are different colors or brightness. When the maintenance department is using lightbulbs that are a different color temperature of the existing lights it is because someone isn't paying attention or because they are using old stock and not re-lamping whole zones at a time due to inventory or labor constraints."
"This is especially true of retail stores. Once the regular vendors start demanding cash on delivery, well-known names start disappearing off shelves, and they are being replaced with Chinese knockoffs called 'La Croisiet,' 'Bakemister' and 'Cuisine Art,' well…springing for the store warranty on your blender is an even dumber idea than usual."
Employees have to get paid.
"I'll add my own. We've been on paper checks for 6 pay cycles because ADP (our payroll software) is too expensive. Getting out asap."
"Yeah, that's probably a sign that you're gonna bounce that check soon."
- 00zau
"Yeah I once worked for a company where the CEO had previously gotten in trouble with a state board of labor for not paying out employee wages after going under. Shame I didn't find that gigantic red flag before I took the job, because they went from aggressively building a software team to firing all of their engineers in like 8 months."
There's a lot of signs.
One Redditor had a whole list.
"From my experience:"
- "Long time employees are forced in to retiring"
- "Management is constantly fighting each other"
- "Good employees quit without cause"
- "Company is behind on their payables or they're scrambling to find new vendors"
- "A LOT of closed door meetings between management"
- "Consultants are brought in"
- "Hours are cut"
- "Benefits are cut"
- "Wage freeze"
"I was going to mention the consultant thing. Its a sign to watch for when there are other concerns. Obviously consultants can be used for a whole host of things, but when its a last ditch effort to overhaul the organization, you're on thin ice."
"And to add:"
- "Promotions are frozen along with wages"
- "Older employees are laid off with a huge push for bringing in college students that they can pay much less"
- "Janitorial and coffee services are cut down"
- "Bathrooms are migrated to one ply toilet paper"
- "In-house jobs are shipped off to contracting companies or overseas"
"When the top level management, right under senior management are replaced with management consultants. Been working in corporate USA for over 30 years, all they do is sow fear, uncertainty, and doubt about the current staff, try to stay as long as they can to suck the company dry."
"Our consultants were from Accenture at my last company, yes the same company that worked for Enron."
Positions aren't being filled.
"No positions are being filled when people quit. Delaying of pay. Silence of management. Key people leaving the company."
"At my former employer HR would hassle you into interviewing and hiring absolutely useless internal candidates just because they had applied. You have told us you want a role opened, so you will fill it."
"And if it went on long enough unfilled, or someone else had 'held the fort' for long enough, HR decided you didn't need that extra body and pulled the post. Therefore you could hire nobody and anyone holding the fort had to continue doing so."
"Saying we are overstaffed and not hiring newcomers when everyone is doing 3 people's job and the workload is out of hand."
- Lord-AG
If you're working on commission.
"If you're in sales and they start messing with the commission structure every couple months, that's a pretty big sign. Especially if they start doing stuff like, 'If you sell $x of accessories on a ticket, then your commission rate changes to this other arbitrary number.'"
- ashok36
"That's a clear sign to bounce. Messing with pay is a deal breaker. Not necessarily a sign of the end of the company though, sometimes it's undervalued sales team by a greedy management. Or if the company suddenly thinks the stuff will 'sell itself.'"
Not trusting the movement towards digital.
"Micromanagement, lack of vision, 20th century strategy, distrust of digital. Going through this right now."
- Toygr
"I'm in the Midwest and I see the 'distrust of digital' far too often. If company leaders are simply unfamiliar with a lot of digital tools and resources out there that's one thing (that's how I get hired), but if they're full-on against making use of digital tools and resources that's when you walk away because they are on a downhill spire."
- Gorssky
If any of these things are happening at your work place, it might be time to start checking out LinkedIn and Indeed.com.
This is a strange time for job hunting as record numbers of workers are quitting. It's up to you when you want to jump ship, but make sure you're keeping your eye out for those red flags.
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