this post was submitted on 17 Mar 2026
1127 points (99.1% liked)
Technology
82745 readers
3543 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't know any CEOs, but I've known many business owners in my life and I've been one. The majority absolutely despise payroll as their biggest expense. They hate their employees, which will be replaced as soon as technologically and financially possible.
This is why there is a huge push for AI, every one of these greedy bastards would be perfectly fine with replacing every single employee. They see it as an improvement.
We as a society in the USA have gotten businesses backwards and put the cart before the horse, in my opinion. Our goal shouldn't be "shareholders will get the cream of the crop!", that road simply leads to a small group of people being fabulously wealthy, they see their employees as a middle man that they would rather eliminate.
We can change how corporations work at any time, but we'll need to get rid of our government first. They won't legislate themselves out of generational wealth, it's a fantasy to think otherwise. Never, ever in the history of Earth has the ruling class decided "hmmm I'm starting to feel guilty about rolling around in a pool full of gold Krugerands maybe this is a little much"
Yeah, reformers have never existed.
reformers are the exception, they don't represent the class
Oh well yeah, obviously. Those goalposts are obviously not the target now that they got moved all the way over there, you must be right. /s
100% accurate. I ran a family owned grocery and the owners never shut up about payroll. As soon as I started managing a department it was "you're overstaffed" every flipping week. I explained my plan to use the extra hours to have the employees trained on how to make more prepared food instead of buying the premade junk. They complained and complained until the end of the second month when my numbers for prepared food in that single month grossed enough to pay for the extra staff need for over half the year.
They still complained I was overstaffed.
No one is dumber than a rich person, except perhaps the people who are actively being screwed by them and who still believe that having money means the rich person must have earned it.
Thanks for articulating it this way for me. It's the hypocrisy that gets me, at least in my situation. I reported my boss to the directors. He was (still is) planning to cut a guy from our team, claiming he costs too much. But when I did the math, I found that my boss' personal expenses on food, gas, phone, vehicle, etc. (with increasingly unaccounted-for amounts) are more than that guy's pay.
My boss isn't worried about the financial health of the organization, he's worried he won't be able to keep spending it on himself if he has to pay the workers.
I've seen "the director" lay off employees on a whim whilst buying a new end table for 30,000 USD. Not a typo, I cut the check.
They'll take all they can, shareholders will let it go as long as the returns are good. In my opinion, a national minimum wage is stupid, but instead workers should be owners.
The profits shouldn't all go to a table full of vultures.
If many had their way,they would be perfectly fine with slavery
At my first job, I was told I couldn’t be paid more despite the fact that I was getting the same pay as someone in my position was about 20 years prior. The boss? Massive house in the richest neighbourhood with two elephant statues out front that cost $50k each. He spent his days falling asleep in meetings and generally doing less than nothing. All the department heads were disgustingly rich, everyone else could get fucked.
It’s worth pointing out that the company and CEO in question are South Korean.
It's a global issue that should be tackled, but American flavour capitalsm is definitely spreading through the world.