So, $15k per person terminated?
this post was submitted on 26 Oct 2024
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15k to ruin someone’s livelihood? I’ll take 2000, please!
Man what a great system.
We gotta give them a huge tax break too! That way it'll trickle down straight into the CEO's pocket!
So the company still gained, but with that money they could have cut 300 less employees and that would have been 300 people making 100k/year instead of one guy making 30.6m more...
ummm... 👉👈 Tax the rich, maybe?
He does look turtly enough for the turtle club.
Providing nothing that isn't covered by other areas of the business, while profiting off the misery of others?
Guillotine.
despite
Yeah, that's not how capitalism works.
When CEOs say they feel it when they need to do layoffs, I think they mean in their wallets.
they probably don't feel anything when making any kind of purchase, it's more like raw unfiltered greed
$30.6m/2000 is $15.3k per employee laid off, basically a full time minimum wage job. Fucking unreal that you can justify one person getting a raise that could support 2000 people's entire livelihood. Obviously, these Microsoft employees were not earning minimum wage, but its still outrageous.
I don't think the board pays CEOs according to how many jobs they save. I don't know where you got that idea.
In fact I'm pretty sure that the more people they get rid of, the better paid they are.
Fun Fact: Micro$oft is an evil-as-shit corporation and always has been.
Well... he needs that money. Gosh!