Last week Aldi announced that it would be hiring 13,000 new workers and raising minimum wages across the company.
  • otp@sh.itjust.works
    122·
    2 months ago

    And let me guess…“somehow”, they haven’t had to hack up their prices after raising wages, huh?

    • mommykink@lemmy.worldEnglish
      172·
      2 months ago

      No but the CEO had to cut down to just one new AMG Merc per year. It’s a doggy dog world out there

      • aard@kyu.de
        5·
        2 months ago

        You’re joking, but quite possibly he’d not even want to buy the one.

        The owner family is very reclusive after a kidnapping in the 70s - but we know at least that the founders were living relatively frugal.

        Ownership of Aldi is by a handful of “stiftungen” - and one of the more recent judicial squabbles in the family were of one side accusing the other trying to pull more money out of Aldi than necessary to live a non frugal livestyle.

        Don’t get me wrong - they’re billonaires, though probably quite limited liquid assets. But based on their behaviour they have a good chance to survive the revolution.

        • HATEFISH
          1·
          2 months ago

          Do the Albrechts still own the company? The current ceo is unrelated from what I can tell.

          • aard@kyu.de
            2·
            2 months ago

            I think only one is currently still working in the company - but they do own it via a bunch of “Stiftungen”. IIRC that construct was selected back then to make sure that spoiled brats can’t fuck it up eventually.