10 Brands That May Disappear in 2011

[DrPhil]

For the record....

Originally Posted by AOII Angel

The woman was in middle management with blockbuster.

Middle management employees tend not to truly be informed of the financial situations of the companies they work for.

Originally Posted by knight_shadow

But I remember working at Blockbuster years ago. The company treated employees and customers like shit and had a "too big to fail" mentality. Good riddance.

You worked for the corporate office or one of the locations? That makes a big difference.

I have my list of companies that I hate. However, within the context of this thread, "good riddance" for even the crappiest and most exploitative of companies should not ignore all of the jobs that will be lost. That's definitely nothing to celebrate.

[AOII Angel]

Originally Posted by DrPhil

For the record....



Middle management employees tend not to truly be informed of the financial situations of the companies they work for.



You worked for the corporate office or one of the locations? That makes a big difference.

I have my list of companies that I hate. However, within the context of this thread, "good riddance" for even the crappiest and most exploitative of companies should not ignore all of the jobs that will be lost. That's definitely nothing to celebrate.

But as an educated person, she should be able see what every other educated person in the country can see... Blockbuster is in trouble.

[knight_shadow]

Originally Posted by DrPhil

You worked for the corporate office or one of the locations? That makes a big difference.

I have my list of companies that I hate. However, within the context of this thread, "good riddance" for even the crappiest and most exploitative of companies should not ignore all of the jobs that will be lost. That's definitely nothing to celebrate.

I worked at a location, but in Dallas (where corporate HQ is located). My main group of friends at the time were in middle management, so in hanging out with them, I heard about what was going on.

To the second part -- of course I don't want to run around screaming "Hahaha, you bitches are unemployed now!" but I saw in 2003 that BBV was tanking. If a retail employee can see that the company is going downhill, someone in middle management should be able to see it.

Originally Posted by AOII Angel

But as an educated person, she should be able see what every other educated person in the country can see... Blockbuster is in trouble.

Pretty much.

[DrPhil]

Originally Posted by knight_shadow

I worked at a location, but in Dallas (where corporate HQ is located). My main group of friends at the time were in middle management, so in hanging out with them, I heard about what was going on.

I knew it was a "some of my bestfriends are..." thing.

Originally Posted by knight_shadow

If a retail employee can see that the company is going downhill, someone in middle management should be able to see it.

At the same time, people in middle management are sometimes fed more promises of success than retail employees.

Long story short, the economy is complex all around and if observations and solutions were so simple, some companies wouldn't be struggling as they are. I know some companies wish they could find solutions including getting overpaid corporate employees to sacrifice some of their salary so the company can redistribute its wealth and resources.

[Drolefille]

Originally Posted by AOII Angel

But as an educated person, she should be able see what every other educated person in the country can see... Blockbuster is in trouble.

Exactly. They're in a lot of trouble, and copying netflix and working out deals with studios to delay redbox/netflix releases will NOT save them.

We only have Family Video left in town (and the chain started here) and they're great for people w/o netflix who just want something to watch (preferably in the back catalog, with a free kids movie!) Otherwise, even the last hold out grocery store with a rental service just got their brand new redbox.

[DrPhil]

Originally Posted by AOII Angel

But as an educated person, she should be able see what every other educated person in the country can see... Blockbuster is in trouble.

Don't attempt to cash that check. A lot of things that we think are common observation and knowledge are not.

I don't really know Blockbuster's financial situation but I always guessed that they are struggling because of the economy, Netflix, Redbox, the Internet, and OnDemand channels. At the same time, I don't have the inside scoop of what Blockbuster is doing to buffer the effects of these things. They certainly aren't the first or last company to have to tackle such issues--other companies have survived. I know people who still go to Blockbuster because Redbox and OnDemand really suck sometimes. That may or may not represent a larger trend.

[knight_shadow]

Originally Posted by DrPhil

Don't attempt to cash that check. A lot of things that we think are common observation and knowledge are not.

Touche.

I don't really know Blockbuster's financial situation but I always guessed that they are struggling because of the economy, Netflix, Redbox, the Internet, and OnDemand channels. At the same time, I don't have the inside scoop of what Blockbuster is doing to buffer the effects of these things. They certainly aren't the first or last company to have to tackle such issues--other companies have survived. I know people who still go to Blockbuster because Redbox and OnDemand really suck sometimes. That may or may not represent a larger trend.

I think I may have come off a little cold because I do know BBV's financial situation. It's been on a steady decline for years because, as I stated earlier, the company had a "too big to fail" mentality.