Apple Retail Stores Seeing Significant Layoffs of Recent Hires?

[koobcamuk]

Pfff, that's BS.

In Australia, they say "Good Day".
Are you going to say they don't mean the "good" ?

And in most english speaking countries, "good bye" is accepted.
So do you say they don't mean the "good" here either ?

In other words, stop this BS.
These are phrases that express something, and only an idiot would take them literally and then complain that people don't mean it.

-t

I'm going to save this post for its absolute hilarity and misunderstanding of the English language.

 

[MacSince1990]

Do you ordinarily pay more than you have to for things, just because you have enough money to do so?

No, I try not to pay more than I have to, although naturally we all do at times.

But I'm pretty sure the point of contention was the claim that "the downside to paying employees more, is you can't afford to employ as many."

But like I said, Apple could.

There's also a difference between paying more for something-- e.g. RAM on a 200% markup from oh, say, Apple instead of getting it from a 3rd party vendor-- and paying your employees more.

Employees happen to be people; giving them a 25% raise can seriously improve their standard of living, whereas buying an upgrade for your new MacBook Pro via Apple simply puts a bit more money in Apple's coffers (and helps no one).

So to answer your poor analogy more appropriately... yes, if I know it's actually helping someone, I do often pay more.

 

[MacSince1990]

So Apple's stock is $630 right now. If they drop to $600 tomorrow, should they pay their employees about 4.8% less?

No... especially given stock price isn't anchored in a company's actual value... just what investors are willing to pay at the moment...? I'm not sure I understand why you asked this.

Contrary to your "clue"

My what?

organizations with lots of money don't need to waste it.

Paying your employees a living wage isn't a waste. It boosts morale, self-esteem, has proven to increase productivity and creativity (as well as loyalty), and oh, right, helps people.

Exactly where in my post did I state, allude to or imply I thought corporations ought to waste money...?

Apple is successful in the first place partially because it didn't waste money.

Depends on your definition of waste, I suppose. On the other hand, it would have been difficult to have "wasted" nearly $100b. And if you knew anything about Apple's history, they've actually sunk quite a bit into R&D etc. that ended up netting absolutely nothing (yes, probably more than most companies).

Cisco used to have zero TV ads. But wait, according to your "clue", it was the biggest company in the world, so shouldn't it have been hiring more ad producers?

Uh. I suppose.... if statistical analyses of its target demographic indicated a financial return for the use of advertisements..?

By the way... the "ad producers" would have cost very little in relation to the cost of the actual advertisements.

Also, assuming they had no "ad producers," talking about hiring "more" sounds a bit silly.

Similarly, every company that is worth >$0 that does not run TV ads is not employing enough people, according to this. Koenigsegg and DeLorean are tyrants exploiting the people!

What are you on, exactly? This has literally no relevance to anything I've said... not that the rest of your post did.

And DeLorean? As in... the all-but-defunct car company that never sold any of their crappy cars in the first place to anyone other than Doc Emmet Brown? Why the hell of all possible companies would you bring them up? Probably would have been more appropriate to lament the lack of advertisement coverage your beloved Z06 gets. (I'm assuming the Z06 at the end of your name's referencing the 'Vette.)

And again, why are you talking about television ads?

 

[faroZ06]

No... especially given stock price isn't anchored in a company's actual value... just what investors are willing to pay at the moment...? I'm not sure I understand why you asked this.


Paying your employees a living wage isn't a waste. It boosts morale, self-esteem, has proven to increase productivity and creativity (as well as loyalty), and oh, right, helps people.

Actually, the stock price times the number of shares IS the company value, whether or not it is boosted by investor confidence. If you want to buy Apple, you'll have to fork over $607.5447951G (plus I think some kind of transaction fees).

Paying the employees extra is not always a waste. If they need to pay them more for better morale and such, it is sometimes better to. I'm having doubts here because Apple already pays its retail employees above the national average for retail, according to another MacRumors article. I went to an Apple store yesterday, and the employees walking around helping people with stuff barely know anything about technology. They aren't highly skilled. They're just there to tell you what each product is. What I'm saying is that Apple (and other companies) is not a charity that pays people just 'cause. And just because Apple has a lot of money doesn't mean that they should pay the workers more than their value. Otherwise, I'd fight tooth and nail for a job at a large company and never, ever get a job at a small one.

 

[JAT]

The profit the company reaps is from the labor that they underpaid for. People get underpaid all the time. Its just they need the job security to pay bills and just can't quit the job.

LOL. I'll be sure to tell all my fellow accountants. We've found out how profit works!!

 

[OnceYouGoMac]

Being such a huge Apple fanantic, people ask me all the time why I don't work for Apple. It's simple. When the honeymoon ends after 2 weeks, you realize it's just another sh**** retail job. People think working at the Apple Store is like Willy Wonkas or something. It's just retail. Dealing with the idiot public, crappy hours, and crappy pay. Sorry, but you can't pay a mortgage making $12 bucks an hour. What do these people expect? Working at the Apple Store is no different than working for Best Buy, Radio Shack or the Gap.

That's one reason I don't really want to work at the Apple Store. I don't think I'd enjoy it.

 

[AdonisSMU]

So you did not see their last quarter results? Have you read about Apple starting to match price iPhones for the first time in history because of low demand?

They've always done that right before a new model is announced. The demand for iPad more than made up for the supposed lack of demand for the iPhone. I did see that.

 

[AppleMom]

Well, my son works at an Apple retail store here in the US and called me last night fairly upset because despite Apple's response in the Wall St Journal , they are laying off most part time employees. He's full time so his job is safe but now has to do the work of 2-3 people. Apparently the Wall St Journal article was just a PR spin :-(

 

[milkmankilla]

My business is very profitable. I do quite well for myself.

I couldn't look at myself in the mirror if i was making $52million and then putting people in the soup kitchen when my company is making money hand over fist.

For the person that said I failed economics, quite the opposite. No need to attack personally but, whatever.

I like helping my fellow man, not putting them out on the street. Call it socialism if you like, it is what it is.

Oh I didn't know you had a business. I guess I'm wrong then. If you don't mind me asking, what's the name of your business. The reason I made my initial statement is because you seem to think that Apple is making bad business decisions. If that's the case then how come they are now the most valuable company ever? It seems to me that whatever they are doing, is working.

 

[Hornhonker]

Are there no jails, are there no workhouses ? Humbug!

 

[MacSince1990]

Actually, the stock price times the number of shares IS the company value, whether or not it is boosted by investor confidence. If you want to buy Apple, you'll have to fork over $607.5447951G (plus I think some kind of transaction fees).

Paying the employees extra is not always a waste. If they need to pay them more for better morale and such, it is sometimes better to. I'm having doubts here because Apple already pays its retail employees above the national average for retail, according to another MacRumors article. I went to an Apple store yesterday, and the employees walking around helping people with stuff barely know anything about technology. They aren't highly skilled. They're just there to tell you what each product is. What I'm saying is that Apple (and other companies) is not a charity that pays people just 'cause. And just because Apple has a lot of money doesn't mean that they should pay the workers more than their value. Otherwise, I'd fight tooth and nail for a job at a large company and never, ever get a job at a small one.

No, I agree that the Apple "Geniuses" are typically anything but.

However, the national average for retail jobs isn't a livable wage. If it were, then I wouldn't really care very much...

I think that they ought to pay them more.. but also hold them to higher standards. It's not too much to ask them to take the time to get informed about the products they're pushing.