[CTartist]

Originally Posted by JayCT

Strartford based Sikoeshy Helicopter Reported they hired 1,000 employees in 2020. Wow,I knew they had been hiring but no where near that many. Great news. Jay

https://www.courant.com/business/hc-...4my-story.html

"Guns or Butter"
https://www.investopedia.com/ask/ans...uns-butter.asp

Makes sense. When the Republicans are in the always go for the "guns".

[JayCT]

New Subway CEO John Chidsey apparently is moving some jobs from the company’s Milford headquarters to Miami. No word on how many jobs. Jay

https://www.ctpost.com/business/arti...o-16020486.php

[kidyankee764]

Originally Posted by JayCT

New Subway CEO John Chidsey apparently is moving some jobs from the company’s Milford headquarters to Miami. No word on how many jobs. Jay

https://www.ctpost.com/business/arti...o-16020486.php

I’m honestly surprised Subway is still doing so well. Weren’t they running into major issues several years back, closing a ton of stores? I could be wrong.

Edit to add: here you have the doom and gloom for CT from the NY post, with zero evidence and pure speculation:

https://www.google.com/amp/s/nypost....nnecticut/amp/

[okbymeman]

Originally Posted by kidyankee764

I’m honestly surprised Subway is still doing so well. Weren’t they running into major issues several years back, closing a ton of stores? I could be wrong.

Edit to add: here you have the doom and gloom for CT from the NY post, with zero evidence and pure speculation:

https://www.google.com/amp/s/nypost....nnecticut/amp/

Where is the speculation? Seems that it is just reporting that jobs are moving to Miami.

[kidyankee764]

Originally Posted by okbymeman

Where is the speculation? Seems that it is just reporting that jobs are moving to Miami.

“But the change is expected to lead to a further diminishment of the company’s presence in Milford, where it’s been located for so long that the town named the road leading up to its massive campus “Sub Way.”

What evidence do they have that there will be further diminishing after this? None that they have shown.

[Beeker2211]

Originally Posted by kidyankee764

“But the change is expected to lead to a further diminishment of the company’s presence in Milford, where it’s been located for so long that the town named the road leading up to its massive campus “Sub Way.”

What evidence do they have that there will be further diminishing after this? None that they have shown.

Subway seems to be keeping major operations like Franchisee Management, Technology, and Procurement in CT though.

Corporate tried a gambit with a trimmed down franchise concept, store redesign palette, and supposedly re-working menus and both seem to have had a crazily slow rollout (almost 5 years in the works). Looks like they are going to try to boost with the move with fresh talent, but these moves rarely play out well honestly.

[kidyankee764]

Originally Posted by Beeker2211

Subway seems to be keeping major operations like Franchisee Management, Technology, and Procurement in CT though.

Corporate tried a gambit with a trimmed down franchise concept, store redesign palette, and supposedly re-working menus and both seem to have had a crazily slow rollout (almost 5 years in the works). Looks like they are going to try to boost with the move with fresh talent, but these moves rarely play out well honestly.

I don’t think it has much to do with fresh talent - the CEO just seems to want certain operations to be near where he lives [in Coral Gables], likely for oversight purposes and access to resources that will likely save them money.

Also, I’ll disagree that corporate relocations rarely play out well. If that were the case, companies would never move around. They do, and often. . https://smallbusiness.chron.com/relo...its-36265.html

I just don’t see Subway pulling up their CT roots, contrary to what the article essentially hypothesizes.

[Speegleagle]

Originally Posted by kidyankee764

I don’t think it has much to do with fresh talent - the CEO just seems to want certain operations to be near where he lives [in Coral Gables], likely for oversight purposes and access to resources that will likely save them money.

Also, I’ll disagree that corporate relocations rarely play out well. If that were the case, companies would never move around. They do, and often. . https://smallbusiness.chron.com/relo...its-36265.html

I just don’t see Subway pulling up their CT roots, contrary to what the article essentially hypothesizes.

I do, and I have been watching their decline for quite some time. Their franchise model is antique and the competition is getting stronger. Jersey Mike’s is building new up to date stores right in their backyard.

[BobNJ1960]

Originally Posted by kidyankee764

“But the change is expected to lead to a further diminishment of the company’s presence in Milford, where it’s been located for so long that the town named the road leading up to its massive campus “Sub Way.”

What evidence do they have that there will be further diminishing after this? None that they have shown.

Departments moving = diminished presence, and this is a continuing trend at Subway, which is already down several hundred corp jobs in the last 2 years in Milford.

This is bad news. I would assume it is being made to make them a more attractive corp to be bought.

[BobNJ1960]

Originally Posted by kidyankee764

I just don’t see Subway pulling up their CT roots, contrary to what the article essentially hypothesizes.

Not saying they will, but moving will not floor me. Ask yourself if they would be here as an hq, w/o Deluca growing up here. Talent is everywhere, plus whomever they wish to relo will, no doubt, accept.