11-16-2021, 04:10 AM
Profiting off the r/antiwork Movement
<!-- SC_OFF --><div class="md"><p>I believe that the Great Resignation has the potential to snowball into a larger, mid-term issue that won't fundamentally shift the long term economic narrative.</p> <p>However, I do believe there is a significant opportunity to profit off the <a href="/r/antiwork">r/antiwork</a> movement.</p> <p>Any corporation with largely outsourced operations or jobs with high satisfaction (think big tech, luxury, private equity, etc.) will be minimally impacted; </p> <p>companies like Amazon, Starbucks, and Costco, which already have higher paying jobs will likely benefit as their competitors (who often rely on low wage workers) take a large hit and are able to absorb rising labour costs better;</p> <p>obviously, McDonald's (which is a particular target), Walmart, etc. will suffer a bit.</p> <p>Inelastic industries may additionally benefit, as will, I suspect, automation, logistics (outsourcing increases demand), UX software companies (for corps that don't have in house programmers), etc.</p> <p>Of course this is all contingent on the success of the <a href="/r/antiwork">r/antiwork</a> movement, which all might be a big nothing.</p> <p>Thoughts?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CorneredSponge"> /u/CorneredSponge </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qutyqh/profiting_off_the_rantiwork_movement/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qutyqh/profiting_off_the_rantiwork_movement/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I believe that the Great Resignation has the potential to snowball into a larger, mid-term issue that won't fundamentally shift the long term economic narrative.</p> <p>However, I do believe there is a significant opportunity to profit off the <a href="/r/antiwork">r/antiwork</a> movement.</p> <p>Any corporation with largely outsourced operations or jobs with high satisfaction (think big tech, luxury, private equity, etc.) will be minimally impacted; </p> <p>companies like Amazon, Starbucks, and Costco, which already have higher paying jobs will likely benefit as their competitors (who often rely on low wage workers) take a large hit and are able to absorb rising labour costs better;</p> <p>obviously, McDonald's (which is a particular target), Walmart, etc. will suffer a bit.</p> <p>Inelastic industries may additionally benefit, as will, I suspect, automation, logistics (outsourcing increases demand), UX software companies (for corps that don't have in house programmers), etc.</p> <p>Of course this is all contingent on the success of the <a href="/r/antiwork">r/antiwork</a> movement, which all might be a big nothing.</p> <p>Thoughts?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CorneredSponge"> /u/CorneredSponge </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/qutyqh/profiting_off_the_rantiwork_movement/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/qutyqh/profiting_off_the_rantiwork_movement/">[comments]</a></span>Kind Regards R