First the hotdogs, now this. Go Costco management, go.
this post was submitted on 28 Dec 2024
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Like great that Costco shut this down, because of decency and what is right but also… good fucking god the bar is so low.
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Shareholders can go get fucked, Costco, do the right thing.
Costco is one of the very few for profit publicly traded companies that seem to have their head on straight.
If you haven't already, listen to Acquired's episode on Costco.
One of my favorite quotes that I'm going to butcher: raising prices is like a drug. Once you start doing it, it's hard to stop. We choose to find value and savings the hard way and to keep our prices competitive. Raising prices is the last thing we do.
I worked there for a few years in college!
Nice. Some good news for a change.
Don't get used to it.
I like you.
Don't get used to it.
Me too. They’re funny.
A lot of the votes are controlled by mutual fund managers and investment firms - this could go bonkers.
this could go bonkers
In what sense? I doubt that the voting or its consequences will be particularly dramatic regardless of the outcome. Costco wouldn't be the first company to keep a DEI program, and it wouldn't be the first company to ditch one either. In both cases, most outrage will probably come from a small but vocal group of people on the internet rather than anyone who could have a significant economic effect on Costco's bottom line.
(There's a small chance that the outcome snowballs into a public-relations problem, but I'm not sure what the safer outcome is in that context. Probably keeping the program, at least because maintaining the status quo attracts less attention, but with Trump as president, who knows...)
Costco knows their customers stan DEI because on average they’re more wealthy and educated.
Doubt it. Costco as a corporation has been very employee-friendly for a long time. I've heard Costco employees call the job a career killer because many who have aspirations for another career after they finish their degree (I've heard they have good education programs too) wind up working for Costco corporate because the pay and benefits are so good and Costco prefers to promote from within when possible.
Golden Handcuffs
How would that be a career killer? That’s a career.
Kills the career they intended to have before working at Costco