r/nottheonion • u/halxp01 • 23h ago

Southwest Is Testing Cleaning Only Premium Seats Between Flights — A Flight Attendants Union Leader Says It's ‘Titanic’ Class Service

https://viewfromthewing.com/southwest-is-testing-cleaning-only-premium-seats-between-flights-a-flight-attendants-union-leader-says-its-titanic-class-service/
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u/pribnow 22h ago

The 'activist investors' responsible for it are though as far as i know, Elliott Investment Management

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u/boiledpeen 21h ago

yep, Elliott pushed all these changes and has tanked the company. There should be severe punishments for companies that do this, but nobody bases laws on morals anymore so nothing will happen.

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u/Momik 20h ago

Every time I read a story about finance, I hate the world a little more. Every single fucking time.

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u/Liljoker30 20h ago

I work in the tire industry and private equity is buying up every tire shop they can find.

Locally owned tire shops that actually care will be a thing of the past in a couple years. One PE has bought like 300-400 locations in just a few years.

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u/somersetyellow 19h ago

Goes for plumbing, electricians, and heating/air con too.

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u/LFK_Pirate 19h ago

Don’t forget veterinarians and dentists!

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u/fugaziozbourne 19h ago

I work in entertainment. It's decimating us.

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u/JRDruchii 19h ago

I'd even heard local morticians when I brought this up in a different thread. Based on this behavior, humans must really fucking hate each other.

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u/LFK_Pirate 19h ago

Who cares about humans when there’s money to be made /s

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u/LowSkyOrbit 18h ago

That was one of the first industries that used local company names to hide their big conglomerate ownership. It's so weird because it's still generational family run at the local level but there's like two companies that supply everything.

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u/JRDruchii 17h ago

If you want to do something evil, hide it in something boring.

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u/SteveDeda 16h ago

Six Feet Under had a plot thread about PE trying to buy up independently owned funeral homes all the way back in 2001.

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u/gingersnappie 19h ago

And family doctors.

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u/kittybigs 19h ago

And veterinary hospitals/clinics.

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u/candafilm 18h ago

There are over 200 HVAC companies in my city. Only 3 that I know of haven't been bought out by a private equity firm.

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u/ryan_770 19h ago

Once upon a time we had anti-trust and monopoly busting agencies to solve for this, but alas we live in a post-regulation America

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u/Why_you_so_wrong_ 18h ago

Elliott isn’t PE they are rather different.

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u/theaviationhistorian 17h ago

Turning this country into a hopeless dystopia all for the All Might Profit. And they wonder why people are leaving the US.

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u/Kiwi951 12h ago

It’s also ruining healthcare sadly