Thread regarding Hy-Vee layoffs

I have a theory and it's absolutely terrifying

This week we've seen two executives that have acted in ways that seem completely irrational and frankly a little bizarre, however with a little understanding it actually might make a lot sense.

What would you do if you were sitting on a fortune in stock that you had a strong reason to believe could be almost worthless in 6 months, if you only had some way to force someone to buy that stock from you at todays price so that you could invest in something durable? You worked your entire life and want to provide yourself and family a comfortable retirement. What would you do?

Hy-Vee is a private company the executives wealth are primarily held in private stock which has restrictions on how it be sold.

If you've been paying attention you might have seen the phrase 'food crisis' appear in the news, there are several factors at play that have the potential to make food itself be the next covid as in something that totally wrecks your perception of what life is and should be, food is something that is life giving but also it's absence has historically been used as a we---n of war and to force submission in an difficult populace.

It's possible that by this fall we could see grocery stores on life support, worst case scenario is some type of federally controlled food rationing, grocery stores operate on razor thin margins already, if most of their customers are using ebt or food rations it's basically impossible to make money with them.

In summary, it's possible we've got a couple of guys that are clowning and trying to force a buy-out of their stock so that they can get their assets into a safer vehicle like an underground bunker in the desert.

No one can really know for sure what is happening but it does provide at least some substrate that a cogent theory can be attached to.

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| 1922 views | | 4 replies (last March 26, 2022) | Reply
Post ID: @OP+1fVmPSrZ

4 replies (most recent on top)

Does anyone know what exactly was said by Daren that caused an uproar at the office?

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Post ID: @aara+1fVmPSrZ

@1fla+1fVmPSrZ
It's hard to believe that given hyvee closed their des moines fufillment center right before covid then spent the next two months figuring out how to catch up with the fact they needed to fill orders placed online. Even if he's in CEO circles it seems like he's the odd man or the id--t in the group. Wonder if he's trying to fit in with his indie car.

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Post ID: @1fua+1fVmPSrZ

" the executive staff makes sure that their wealth comes from their paychecks. The stock is just a cherry on top."

You are absolutely wrong about this brother, HyVee stock is a major part of their personal wealth which has a extensive restrictions on how it can be sold.

EVPs like Randy and the CTO that bungled the restructuring are heavily exposed to any down turn in grocery revenue.

This isn't a conspiracy theory, the fertilizer the farmers are putting down in the next few weeks cost 81% more than it did last year, wheat crops in Ukraine will be disrupted and Russian wheat is behind sanctions.

Food prices are going up above inflation, groceries have razor thin margins already. hyvee makes all of it's profit from things people buy that they don't actually need.

In a 6 months if people are lucky to be able to purchase staple items, the stores will be lucky to keep the lights on.

I think this is just the very first domino, they are going to be tripping over themselves to get out first while it still has value.

The executive staff is very capable of managing a layoff/restructure in fact they have experience in doing this not long ago, they did absolutely everything wrong and made every attempt at inflaming the situation and doubling down at every turn.

Randy and Daren are probably going to be asked to resign and I think that was part of their plan.

If that sounds too hard to believe just remember everyone was called into a conference room to listen to a nonsensical conversation where this guy told he just got back from vacation while everyone one had no idea what was going on, and that everyone had 2 weeks to arrange childcare and get back in the office, additionally we later learned this guy made offensive statements to people around the office that was uncalled for.

These guys are making a run for the exit to grab as much personal wealth as they can.

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Post ID: @1txc+1fVmPSrZ

Randy is deep into conspiracy theories and he loves the far right talks about the end of the world, and he’s in CEO circles where they get information that we the general public do not get. Don’t believe me, he 100% knew and planned for everything immediately prior to the pandemic. So does he know something we don’t…probably. But to answer your question, no, the executive staff makes sure that their wealth comes from their paychecks. The stock is just a cherry on top.

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Post ID: @1fla+1fVmPSrZ

You have to leave the company to get your stock. Then a "committee" (i.e. the CEO) decides how you will receive the proceeds. They can elect to pay you out over 10 years, in full at termination, or anything in between -- their discretion. But it starts with termination.

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Post ID: @xbd+1fVmPSrZ

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