• OldWoodFrame@lemm.ee
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    10 months ago

    Changes in net income don’t necessarily mean more money around, it probably involves an increase in costs too. Net profit is what to focus on.

    And a “50 cent” raise is per hour per employee per year so for 1000 employees every 50 cents is $1 million per year. Obviously still small compared to a $100 million buyback.

    There’s an argument to make here but this post specifically is not a particularly good example of it.