Private equity: After paying millons for a company, got to find shortcuts to proffit… And make stakeholders happier.
I guess from now on, American company is not a sign of quality.
They say buy from smaller brands, but the sources of resources and commodities often is the same. So the companies with the most buying power end up effecting the quality of other company products. More ways to get trickled on.
I’ve noticed this quite a bit. I have a couple tshirts I bought for $2 on clearance when I worked at JcPenis. They’re still good 15 years later. But anything I bought in the last few years just falls apart. The irony is, the tshirts I bought in Japan last year for maybe $8 each are built like tanks even though they’re made in China (Uni Glo lol).
You mean Uniqlo?
Looking at the tag now… yes lol … my bad. I wonder if I’ve been pronouncing it incorrectly all this time.
Seriously! Any recent shirts I have feel like they are made of tissue paper. Even just looking at then wrong causes a hole, and the stitching uses the cheapest thread imaginable. It’s horrible.
Totally, pants as well. I’m in a hot climate so I wear a bit thinner stuff but ripping the pant leg in half when it got snagged on something at work? And I mean up to my underwear. I half ass sewed it up with some string I had at the shop.
I say it so often that the people around me are getting sick of it: Nothing Works Anymore.
This is the second time you posted it in this thread even lmao
Private equity employs practices that should be illegal
If PE buy a company and ruin the reputation, private equity will learn the free market way.
May be it’s good so there is space for new companies.
I work in manufacturing and I have seen the quality of raw materials degrade substantially since covid times. We expected it to be a dip but no, it has just continued to get worse.
I’ve had this conversation with a few people in the last week. I’m fine paying for quality but I just can’t find it anymore. I’m just about at the point where it’s not worth buying anything new since it’s not going to last any longer than used.
Please post the link for Keyana’s site so they can be supported directly. They’re doing some amazing write-ups detailing how different things have gotten worse and why.
I was just saying how I remember back in the day you could get nice quality jeans, like 99-100% cotton, normally priced. But now the jeans I used to get are considered “luxury jeans” and cost over $200. No exaggeration because I’ve been on the hunt for moderately priced, good jeans for years now
Time to hit the vintage shop. Find the Emo outfit from the early 2000s that was designed not to discintigrate after it left the shelf.
my last bag I bought was a leather bag, hand stitched by a real leather worker. I will never need to buy a new one as long as I care for it properly.
Hmmmm. Less departments? Heads of departments not qualified or educated for that area by any stretch of the imagination? Safety guidelines reduced to mere suggestions or deleted completely? Entire Global Pandemic Response system, in place mind you, burned to the ground. Cancer research a pipe dream. Gas over $4. Diesel fast heading to $7. You know where I’m going. Regulations that protected us and soaring prices that force and allow big business to charge more and put less into their products got us here - I think. Just sayin’.
“Government overreach! Bureaucracy! Big government is inefficient! Nanny state! Self-reliance! Freedom rah rah!”
Watch out for those talking points. They sound great. Like common sense. Based.
But really they are all about combating regulations that protect us from the excesses of greed which are tearing this world apart.
We didn’t think it was our imagination.
Remember when it was called planned obsolescence? Pepperidge farm does.
But it’s more than that. Planned obsolescence is only a part of the problem.
Enshittification refers to internet sites, services
Why can’t it also refer to physical goods and services that deteriorate due to profit-seeking?
Because there are more accurate names like:
Planned obsolescence
Shrinkflation
And probably more
What term applies to lower initial quality, smaller sizes for more money and a design that fails early all the the same time.
It’s been made shitty, therefore it has been enshitified.
It can and it does.
Natural consequence of capitalism.
