TomB19

@TomB19@lemmy.world

• ⁨Comment⁩ on ⁨CEO pay and stock buybacks have soared at the largest low-wage corporations⁩ ⁨⁨3⁩ ⁨weeks⁩ ago⁩:

  I wish that were true but 99% of the time, it’s executives first, then shareholders. Executives give themselves massive bonuses, even when companies are losing money. They don’t need shareholder approval, just the board of directors who rarely represent the shareholders or are even the top shareholders.