this post was submitted on 28 Oct 2024
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Economy

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‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits (fortune.com)
submitted 11 months ago by tuxbot to c/economy@lemmy.world
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[–] Blackout@fedia.io 8 points 11 months ago

It's like a snowball rolling down a hill getting bigger and bigger. Literally no one is protesting this action. Why wouldn't every CEO downsize for a $36m raise like M$?