Submitted by brooklynlad t3_117lfu9 in technology
timberwolf0122 t1_j9et0cf wrote
Reply to comment by Bright-Ad-4737 in Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad
But the workers make the money and do the vast majority of the work. During to good times owners get to reap the rewards and take responsibility for the success, during the bad time they should also absorb that too as much as is possible, and take responsibility
somegridplayer t1_j9f2uc8 wrote
Shareholders make a dollar I make a dime, this is why I shit on company time.
AlleKeskitason t1_j9kbh95 wrote
Or you could just buy company shares and get paid for taking a shit.
Silver-Armadillo-479 t1_j9fbhle wrote
You fundamentally don't understand capitalism, or if you do are just woefully misguided. Holy shit. The workers wouldn't have a job without shareholders. There would be no "work" to do and no money to earn. I'm not some corporate shill, but I also didn't stake millions to start a business. If you take risk then you get reward.
If you don't like being an employee then start a business, take the risk with your own capital, and run it however you like. Otherwise, kindly learn some history and economics
timberwolf0122 t1_j9folig wrote
Because every company has shareholders/s
Silver-Armadillo-479 t1_j9fouaw wrote
Yes every company does. Even private companies. Money/capital has to come from somewhere to start. A single owner is a shareholder...
timberwolf0122 t1_j9foxqj wrote
That’s not quite the same as a publically traded company when one thinks of shares now is it
Silver-Armadillo-479 t1_j9fqngo wrote
It's the same concept, regardless of your claimed minute differences.
timberwolf0122 t1_j9gkcnd wrote
Well, no. A privately held business doesn’t have to make a bunch of randos with an E*trade account happy.
Silver-Armadillo-479 t1_j9gl6e3 wrote
The privately owned business usually still has investors. Almost nobody has enough capital on their own to create a large business without raising capital.
Bright-Ad-4737 t1_j9frjrl wrote
It's not a balancing act. Employees get compensated via their salaries and bonuses. Shareholders get compensated via their ownership of the business, the value of their shares and dividends.
timberwolf0122 t1_j9gm4a5 wrote
So why should the people doing the work take a pay cut?
Bright-Ad-4737 t1_j9gqgnu wrote
No idea. I have no clue how Jassy thinks, or how they're going to get out of their situation. Amazon seems like it's kind of an overgrown basket case right now. Maybe they should just start spinning off all the segments/businesses.
timberwolf0122 t1_j9hepuz wrote
I think this is yet another case for unions
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