Quote:
Originally Posted by FrustratedReader
And related:
https://www.theguardian.com/books/20...ve-bookselling
People resigning from Waterstones because pay is too low. (Same owner now).
I can't see this being good for people working in Barnes & Noble. It's bad for ANYONE to be owned by a hedge fund or Venture Capitalists. No vision. Short term bottom line and often asset stripping. I'm not suggesting Elliot does those, just a general observation. Hanson Trust asset stripped UK Ever Ready. They and Energiser are now owned by a Pet food company. |
I worked for a bookstore at 18-19, and minimum wage was typical. In fact, one was fighting for her salary to be raised to minimum wage since the pay had rose federally but they were still somehow trying to pay her under and get away with it somehow. I'd think most of the bookstore chains stay at this low pay.