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CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows (abcnews.go.com)
submitted 3 years ago by to c/worldnews@lemmy.ml
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cross-posted from: https://lemmy.zip/post/1125959

Archived version: https://archive.ph/iXnTL
Archived version: https://web.archive.org/web/20230806123650/https://abcnews.go.com/Business/ceos-pay-climbed-layoffs-tech-giants-alphabet-microsoft/story?id=101665156

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[–] 22 points 3 years ago (1 child)

What will I take for workers to take action against stuff like this?

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  • [–] 39 points 3 years ago (2 children)

    Scarcity of food.

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  • [–] 1 point 3 years ago (1 child)

    Well, if there was food hoarded by the wealthy, I'd agree with you. But I'm not sure. Much like storming the Bastille, it'd be more symbolic than anything.

    Billionaires have a big number on a piece of paper, but they don't really have anything of value to a revolution, so I think most of them would just end up on the street like anyone else.

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  • [–] 2 points 3 years ago

    I think their comment was more about how those content with bread and circuses will tolerate a lot more abuse in other ways to avoid risk losing those things. When doing nothing is punished by the stick of death, the other sticks seem a lot less intimidating.

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