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by FredPret 1663 days ago
No profit = no business = no pay.

Huge profits = rich business = famously huge FAANG pay.

1 comments

Wages and profits are separate. Sure, equity vested to employees blurs that, but stock prices need not track profits either!

Employees may also rather coast than go through a stressful shakeup that quite likely won't succeed in bringing in profits.

Even if employees do want the shakeup, they are in no position to agitate for it. This would be a purely coincidental alignment of their desires with the agitating investors'.

Please understand the basics of how Capitalism works.

> Wages and profits are separate Of course. But if profit is zero, wages will be zero too before long. Who cares whether your aberage employee likes profitable shakeups, I’m saying it’s in their best interests regardless.

> Please understand the basics of how Capitalism works.

My god, I hope you’re more pleasant in real life. We’re done here

We're all more pleasant in real life :) This is the internet!
Fair enough, I suppose I got a bit carried away. A little good faith goes a long way
Funny how capitalists (or let's be honest about what they actually are, aristocrats) always seem to care more about the appearance of civility than the impact of their policies.