“The Cork-headquartered group’s most recent accounts, for 2024, show pretax profits rose 5 per cent to €134.5 million from €116 million, or almost €2.6 million a week. Turnover reached a new high in 2024, growing to €5.2 billion.
Shareholders also benefitted from the bumper year, with a €22 million dividend, up from €20.8 million in 2023.”
andubhadh on
cut-throat economics: …”SuperValu values *you”*
Meldanorama on
No issue tbh
sarcasticseawitch on
I’m currently training my replacement in India and I am being laid off at the end of March.
It’s happening across loads of industries at the moment.
Own-Discussion5527 on
I work for one of Ireland’s biggest accounting firms.
We outsource around 30% of our work to India (and this is increasing).
About 80% of our new managers are also Indian/Pakistani, because my firm refuses to pay market rate.
They advertise the job for 20k below market rate, cry that they can’t find local workers and then hire a non-European for 20k cheaper citing a “critical skills shortage”.
miseconor on
Need to start boycotting places that do this
PolarBearUnited on
Called this while everyone was shouting about working from home post COVID , careful what you wish for , if they ain’t in the office why hire at Irish wages when you can hire 2/3/4 people for the same price in India or Poland etc
pixelburp on
The same grouping who last I read of, were trialing robots in SuperValu stores for shelf work; what a bright future my kids can look forward to.Â
> These changes will enhance our ability to innovate, operate efficiently, and continue investing in our brands, our customers, and the communities we serve across the Island of Ireland
But apparently this corporate enthusiasm is stopping short at supporting those communities through gainful employment of those living in them.
homecinemad on
It sucks but we buy so many things marked Made in China, Made in Bangladesh etc etc for relatively cheap, the sellers make a fat profit and the makers make very little, while their staff pittance.
Things are always going to be skewed towards the money people. The only way to fight back is to boycott them til they reverse their decision and also agree to better conditions for their providers staff abroad.
People will thinks that’s overboard but anything less is hypocrisy.
freepalestine1977 on
Super Valu always pretending to be your community supermarket.
If I see a robot stacking shelves in SV i will drive to Dunnes every week rather than support Super Valu.
No_Tomato6638 on
I wonder if they have any sort of a long-term plan for when their customers won’t have enough money to buy their products, or will they start selling their products in India? I can’t imagine Supervalu pricing going down too well over there.
terrorSABBATH on
I hate ringing customer support and ending up with an Indian fella called Johnathan.
I had hassle with Virgin broadband for a while and their tech staff were Indian.
Trying to understand them is a nightmare.
robilco on
Yet further proof that if a job can be done remotely, it will be done remotely in a cheaper location.
(Yet people on here constantly cry for more remote work opportunities as solutions to housing/traffic/happiness/etc)
Icy-Company3467 on
Whats going to happen to college grads when all entry level jobs are in India??
15 commenti
“The Cork-headquartered group’s most recent accounts, for 2024, show pretax profits rose 5 per cent to €134.5 million from €116 million, or almost €2.6 million a week. Turnover reached a new high in 2024, growing to €5.2 billion.
Shareholders also benefitted from the bumper year, with a €22 million dividend, up from €20.8 million in 2023.”
cut-throat economics: …”SuperValu values *you”*
No issue tbh
I’m currently training my replacement in India and I am being laid off at the end of March.
It’s happening across loads of industries at the moment.
I work for one of Ireland’s biggest accounting firms.
We outsource around 30% of our work to India (and this is increasing).
About 80% of our new managers are also Indian/Pakistani, because my firm refuses to pay market rate.
They advertise the job for 20k below market rate, cry that they can’t find local workers and then hire a non-European for 20k cheaper citing a “critical skills shortage”.
Need to start boycotting places that do this
Called this while everyone was shouting about working from home post COVID , careful what you wish for , if they ain’t in the office why hire at Irish wages when you can hire 2/3/4 people for the same price in India or Poland etc
The same grouping who last I read of, were trialing robots in SuperValu stores for shelf work; what a bright future my kids can look forward to.Â
> These changes will enhance our ability to innovate, operate efficiently, and continue investing in our brands, our customers, and the communities we serve across the Island of Ireland
But apparently this corporate enthusiasm is stopping short at supporting those communities through gainful employment of those living in them.
It sucks but we buy so many things marked Made in China, Made in Bangladesh etc etc for relatively cheap, the sellers make a fat profit and the makers make very little, while their staff pittance.
Things are always going to be skewed towards the money people. The only way to fight back is to boycott them til they reverse their decision and also agree to better conditions for their providers staff abroad.
People will thinks that’s overboard but anything less is hypocrisy.
Super Valu always pretending to be your community supermarket.
If I see a robot stacking shelves in SV i will drive to Dunnes every week rather than support Super Valu.
I wonder if they have any sort of a long-term plan for when their customers won’t have enough money to buy their products, or will they start selling their products in India? I can’t imagine Supervalu pricing going down too well over there.
I hate ringing customer support and ending up with an Indian fella called Johnathan.
I had hassle with Virgin broadband for a while and their tech staff were Indian.
Trying to understand them is a nightmare.
Yet further proof that if a job can be done remotely, it will be done remotely in a cheaper location.
(Yet people on here constantly cry for more remote work opportunities as solutions to housing/traffic/happiness/etc)
Whats going to happen to college grads when all entry level jobs are in India??
Capitalism 101. That’s life, unfortunately