this post was submitted on 23 Dec 2023
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Wayfair CEO Niraj Shah tells employees to 'work longer hours' in year-end email::Wayfair CEO Niraj Shah sent a year-end note to employees, suggesting they work longer hours and do better at mixing work with their personal lives.

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[–] [email protected] 50 points 11 months ago* (last edited 11 months ago) (1 children)

Last two times I’ve ordered from them, I’ve wound up with extra stuff. I ordered a set of 8 patio cushions and received 12. Ordered a patio set and coffee table and received a whole extra coffee table.

Quality, as you said, isn’t great. IKEA can be a pain to get to (for me), but you know their stuff is designed well.

[–] [email protected] 43 points 11 months ago (2 children)

When my order is correct but there’s extra – I assume the person packing it knew exactly what they were doing, just didn’t get a raise or bonus this year.

[–] [email protected] 27 points 11 months ago (1 children)

I often wonder how much loss companies suffer due to disgruntled employees doing stuff like that.

[–] [email protected] 19 points 11 months ago (1 children)

It’s a lot. General “disappearance” of goods from any source is referred to as “shrinkage” or just shrink. It’s fairly easy to look up once you know the name.

Off the top of my head, shrinkage typically ranges from 3-10% of inventory. Feel free to find sources and correct me.

[–] [email protected] 10 points 11 months ago (1 children)

Yes, but I’d be willing to bet that most shrinkage isn’t due to disgruntled employees; it also covers non-employee theft, accidental spoilage, non-malicious misplacement, etc. It also varies wildly by industry.

[–] [email protected] 6 points 11 months ago

I think there's some ability to distinguish as anything intentionally discarded due to spillage or damage should be accounted for directly, as opposed to only showing up at inventory

Obviously it is impossible to separate out honest mistakes, intentional theft, and disgruntled employee semi-intentional shrink. If you ask the company, 500% of shrink is theft by organized crime rings and the general public should definitely be spending taxpayer dollars on police enforcement and jail time for pretty thieves. So I would assume most of it is actually accidental check out mistakes and employees "accidentally" checking things out wrong.

[–] [email protected] 14 points 11 months ago

"I'm not getting paid enough to count."