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Started By
Message
re: Billionaire Tilman Fertitta furloughs 40,000 workers at casino, restaurant empire
Posted on 3/25/20 at 9:01 am to TheeRealCarolina
Posted on 3/25/20 at 9:01 am to TheeRealCarolina
quote:
Smart businessmen take care of their talent. Employees remember who takes care of them in hard times. Spend a nickel today to save/make a dollar tomorrow.
We are talking about 40,000
2
Posted on 3/25/20 at 9:12 am to RogerTheShrubber
Tilman also owns Waitr. Well, it's publicly traded, but he owns the largest block of stock.
Posted on 3/25/20 at 9:14 am to Kingpenm3
quote:
I think after this is all over there will be plenty of people who will have to reconsider who they work for based on how they were treated during this time.
I think after this they’ll be happy with anything for the foreseeable future
Posted on 3/25/20 at 9:17 am to yellowfin
quote:
I think after this they’ll be happy with anything for the foreseeable future
and if they aren't, I'll bet there is a long line of candidates willing to take their job.
Posted on 3/25/20 at 9:18 am to TheeRealCarolina
quote:
Smart businessmen take care of their talent.
Because running a roulette table or bringing food to a table takes talent.
Posted on 3/25/20 at 9:19 am to yellowfin
quote:Bingo.
I think after this they’ll be happy with anything for the foreseeable future
There are tons of people in la-la-land who think shutting down the economy for a month is no biggie.
Posted on 3/25/20 at 9:22 am to lshuge
(no message)
This post was edited on 3/25/20 at 4:29 pm
Posted on 3/25/20 at 9:24 am to roguetiger15
quote:
Halliburton just did the same thing
Theirs is more related to Saudi Arabia and Russia's price war and dumping oil on the market. Major loss of demand from no travel does not help either. Not much drilling going on at $25 a barrel.
Posted on 3/25/20 at 9:31 am to MikeD
Doesn’t matter the reason- my point is people get furloughed all the time from their employers.
Posted on 3/25/20 at 9:39 am to rsbd
quote:
Nice people don’t become millionaires/billionaires
This directly conflicts with everything I've been taught about trickle down economics and why we need tax breaks for corporations.
Posted on 3/25/20 at 9:43 am to EarlyCuyler3
quote:
This directly conflicts with everything I've been taught about trickle down economics and why we need tax breaks for corporations.
No, no it doesn't.
Posted on 3/25/20 at 9:45 am to MarkFromBuffalo
quote:
The inherent limitation of pure Capitalism is that it requires morality and virtue. The gap between rich and poor is widening because we, as a society, are severely lacking in those areas.
Case in point.
Billionaires will continue to be billionaires. Poor people will continue to be poor people. But because of the absence of morality/virtue, the middle-class will continue to pay for the greed of others.
Please explain how he is supposed to front 24 million a week at a minimum, explain in detail please where that cash is coming from.
Also while your at it, please explain how a casino and restaurants manage their cash flow and show the math please.
Posted on 3/25/20 at 9:52 am to MarkFromBuffalo
quote:
Billionaires will continue to be billionaires. Poor people will continue to be poor people. But because of the absence of morality/virtue, the middle-class will continue to pay for the greed of others.
The list of billionaires is not static, and there are thousands of poor people who lift themselves up out of poverty. The middle class isn’t static either. How do you account for that? It has nothing to do with greed or avarice. Rich people lose it all. Entrepreneurs strike it rich. A carpenters daughter becomes a doctor, a janitor’s son goes to the NBA. In America things change.
Posted on 3/25/20 at 9:54 am to lshuge
quote:
“I think what we are doing with the shutdown is good but in a few weeks people will need to be around people,” Fertitta said on Tuesday.
With more and more people getting sick, no cure thus far, and this being a fairly lethal virus that can spread easily, i'm sure staying in a shutdown will be the smart idea. Doesn't take a billion dollars to understand that.
Posted on 3/25/20 at 9:54 am to Obtuse1
And he was forced to resign the presidency. Not sure going to China was a good idea for him either
Posted on 3/25/20 at 10:11 am to RobbBobb
They all qualify for unemployment / other programs now and will most likely get their jobs back when they open back up.
He’s been paying unemployment on them, why not use it? Isn’t that what all this socialism is supposed to be about?
He’s been paying unemployment on them, why not use it? Isn’t that what all this socialism is supposed to be about?
Posted on 3/25/20 at 10:22 am to lshuge
Epic douche move.
Posted on 3/25/20 at 10:24 am to jbgleason
Much like America, this board has changed over the last few years.
Lots of SJW/socialist types now.
"I'm conservative, buuuut..."
Lots of SJW/socialist types now.
"I'm conservative, buuuut..."
Posted on 3/25/20 at 10:41 am to Ancient Astronaut
quote:
Epic douche move.
How is it a douche move, its 24m in payroll, wtf you want him to do??
Newflash he doesn't have a billion, prolly not even 25million sitting in his bank account and that is his personal money. The company prolly doesn't either or shouldn't.
No wonder so many of you idiots qualify for the stimulus check, y'all have zero clue how business is run.
Keep thinking because he is a billionaire, he has that money sitting in an account. Keep up the socialist thoughts, makes people like me and some others in this thread much more valuable.
Posted on 3/25/20 at 10:50 am to FieldMink
quote:
With more and more people getting sick, no cure thus far, and this being a fairly lethal virus that can spread easily
found the CNN viewer.
WE'RE ALL GONNA DIE!!!!!!!!!!!!!!!!
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