@[email protected] to Political [email protected]English • 2 months agoWhy are employees so demanding?!lemmy.worldimagemessage-square35fedilinkarrow-up1701cross-posted to: [email protected][email protected]
arrow-up1701imageWhy are employees so demanding?!lemmy.world@[email protected] to Political [email protected]English • 2 months agomessage-square35fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilink38•2 months agoBut we can somehow afford $150,000,000 in stock buybacks! My employer actually did this. They even told us they had no money for raises. We found out why by reading the SEC filings.
minus-square@[email protected]linkfedilinkEnglish2•2 months agoWhat they meant to say is: “we don’t have money for raises if we’re going to add more value for shareholders (who are more important to us than you are)”
minus-square@[email protected]linkfedilink1•2 months agoThe harder they try to do that the more our stock moves in the other direction. I guess the short sellers are happy.
But we can somehow afford $150,000,000 in stock buybacks!
My employer actually did this. They even told us they had no money for raises. We found out why by reading the SEC filings.
What they meant to say is: “we don’t have money for raises if we’re going to add more value for shareholders (who are more important to us than you are)”
The harder they try to do that the more our stock moves in the other direction.
I guess the short sellers are happy.