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Private Equity

Toys "r" Us, Private Equity, And Stagnant Salaries

by fastcompany.com posted 2weeks ago 64 views
As the demise of Toys “R” Us shows, people at the top are constantly finding ways to extract all the value from companies while leaving nothing for workers. A year ago, she was a store manager at Toys “R” Us. Today, Anne Marie Reinhart Smith has become a minor online celebrity. Not to say that everyone knows her name, but she’s become the lede for many a story (and now this one, as well) written about the store’s recent bankruptcy and all of the employees they left high and dry (33,000, to be exact).

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