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TuxBot@infosec.pubB to Economy@lemmy.worldEnglish · 10 months ago

‘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

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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

TuxBot@infosec.pubB to Economy@lemmy.worldEnglish · 10 months ago
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  • cross-posted to:
  • workreform@lemmy.world
  • aboringdystopia@lemmy.world
  • news@lemmy.world
  • economics@lemmy.ml
  • usa@lemmy.ml
'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
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CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.
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  • PennyRoyal@sh.itjust.works
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    10 months ago

    Hopefully proceeding a new Guillotine Age

  • Blackout@fedia.io
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    10 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 $36m raise like M$?

  • Vendul@lemmy.world
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    10 months ago

    deleted by creator

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