Comment on CEOs of top 100 ‘low-wage’ US firms earn $601 for every $1 by worker, report finds
Doomsider@lemmy.world 1 year agoWhen was the last time a CEO was held personally responsible for a workers safety or the death of an employee?
A CEO answers to the shareholders or a board of directors and do not concern themselves with their employees livelihoods or maintaining stores.
They may very well provide a valuable service to a company but not for the reasons you mention.
SpezBroughtMeHere@lemmy.world 1 year ago
So they aren’t responsible for making sure stores stay profitable enough to stay open, providing a job for people? Because that’s exactly what I said.
hark@lemmy.world 1 year ago
They’re responsible for maximizing stock price (i.e. enriching shareholders including themselves). That’s it. They don’t give a shit about providing jobs and you can see this with all the jerking off they’re doing over AI supposedly making people obsolete.
SpezBroughtMeHere@lemmy.world 1 year ago
You have a very limited view of what the owner of a company is responsible for. That also explains your views on the pay structure.
But as far as AI? One can only dream. Any day without human interaction is paradise.
hark@lemmy.world 1 year ago
The CEO is not necessarily the owner of the company. If you want to feel superior with your supposed knowledge on the subject, then you shouldn’t make basic mistakes like this.
The rest of your post explains a hell of a lot about you.
InternetCitizen2@lemmy.world 1 year ago
I mean what else are they in business for if they are not doing it to enrich themselves?
ineedaunion@lemm.ee 1 year ago
Uneducated apologist.