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Jim "Scumbag" Farley (lemmy.ml)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] -5 points 1 year ago* (last edited 1 year ago) (1 children)

Your attempt to spin my comment into a scarecrow you can argue against is the real stretch here.

I'm not saying it isn't ridiculous that giving a raise to employees of a profitable business would bankrupt the company. I'm saying it's a bad example for the meme to bring up the CEO's salary, rather than the profit of the company. The CEO's salary is peanuts divided amongst every employee, meanwhile the company profits and shareholder dividends represent much more of the wealth that the employees have generated without being compensated for.

[–] [email protected] 1 points 1 year ago

The CEO's salary is peanuts divided amongst every employee, meanwhile the company profits and shareholder dividends represent much more of the wealth that the employees have generated without being compensated for.

True. The big shareholders are definitely a problem. I wonder who Ford's largest individual shareholders are.

James D. Farley, Jr. owns a total of 1,103,833 Ford shares.

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