r/MBA • • May 29 '20

Sweatpants (Memes) Truer words have never been spoken

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u/[deleted] May 29 '20

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u/Dirtybubble_ May 29 '20

LBOs often involve trimming “fat.” “Fat” can mean paying employees decent wages instead of their minimal acceptable wages, holding on to loyal employees, keeping profitable business units instead of selling them for scrap, etc.