Comments on: UNFI Executives In the Hot Seat Over Wasteful Spending https://corporatetransparency.org/unfi-executives-in-the-hot-seat-over-wasteful-spending Sat, 02 Nov 2019 02:02:31 +0000 hourly 1 https://wordpress.org/?v=4.2.39 By: Darrell Paden https://corporatetransparency.org/unfi-executives-in-the-hot-seat-over-wasteful-spending#comment-380 Sat, 02 Nov 2019 02:02:31 +0000 http://corporatetransparency.org/?p=143#comment-380 What it’s astounding is that the customers, that is what it’s left off them, hate UNFI more than the employees.

Supervalu know how to keep cost like and even get concessions from their unions during lean times. UNFI comes in and terminates 95%, yes really, of their management team.

On my 65 years I’ve never witnessed such ineptitude. Not only will tens of millions be paid out in back pay but they could end up paying employees pensions for life. The atmosphere is toxic which is opposite of the goodwill Supervalu enjoyed with their employees, going back many decades.

The upside is at this rate UNFI will be a penny stock and quite a steal. Comment management can turn this around as it was only a few years ago that Supervalu profits were skyrocketing, their downfall was the Albertsons purchase.

I know some employees that have suffered serious medical conditions as a result of the real stress caused by UNFIs uncaring and illegal labor practices. I can only imagine the kind of settlements that will be paid out when the case is heard by a sympathetic judge.

#UNFIT #FUNFI

]]>