A private equity firm fucked up running a 188-year-old department store chain, which had survived two world wars and the Great Depression.So now low-paid retail workers are being told that they'll lose their jobs just weeks before Christmas.abc.net.au/news/2026-11-11/dav #auspol #capitalism @latestagecapitalism

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[–] 2 points 9 hours ago

They didn't fuck up shit! That is what these things do it's their whole business model. Like the fucking mob. They run up tons of debt cash out and move on to their next victim.

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