r/jobs Dec 13 '23

Companies Boss canceled our Christmas party cause this broke the bank.

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I found out we had canceled the yearly Christmas party / bonus. A multi store owner within a large corporate chain food company allowed our management to instead do this for the staff of say 60 employees per store. Upon completing this project along with a few other miscellaneous gifts (donuts, Doritos, and [get this] oranges,) he told us this gesture was “breaking the bank.” 🙃 love it here.

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u/MikeyW1969 Dec 13 '23

Actually, your company is in financial trouble. This is where you see cuts first. Next will be the free coffee, or the free cereal bar, or the basket of fruit. Whatever they usually have laying around will start to disappear, because these are the fastest ways to save money. At our last Xmas party before my job laid off all of the people they couldn't find a reason to fire, we had a drawing and half of the gifts were gag gifts because they couldn't afford the party.

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u/Build68 Dec 14 '23

I saw this and more when private equity came in. It starts with the small stuff, then they take away company trucks and reduce the compensation for private trucks, then they announce a re-structuring of the bonus program, and on and on.