this post was submitted on 18 Sep 2023
111 points (96.6% liked)
Technology
58151 readers
4112 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I repeat… If you make $100,000 for 40 years straight that is $4M. This dude(Ford CEO) made $21M in a single year. Ford’s share buyback program in 2022 totaled $484M. GM’a share buyback program totaled $3.4B in the past twelve months. We live in a fucked up world. Meanwhile, Ford/GM/Stellantis employees cannot afford to even buy the vehicles they make or feed themselves decent food.
GM's stock buyback program could also have afforded 24 years of employment with each person costing the company on average of 140k. I don't know what they budget per FTE on the bargaining unit, but the amount they spent on stock buybacks could've been put to compensation for 24 fucking years.
Executives and Investors should be terrified to walk in public.
Which is why they have personal shoppers, drivers, and jets.
And gated communities with guards and 24/7 police detail.
This isn’t France though.
May the bridges they burn light our way.
As their customer, i cannot afford to buy their vehicles either.
$100k salary and you can't afford food? Really? WTF are you eating?
Whoooooosh… 👀