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Bright-Ad-4737 t1_j9ea828 wrote

Reply to comment by timberwolf0122 in Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad

Ideally you want to make everyone happy, employees, costumers, vendors, but of course that includes the shareholders, after all, they own the business.

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timberwolf0122 t1_j9et0cf wrote

But the workers make the money and do the vast majority of the work. During to good times owners get to reap the rewards and take responsibility for the success, during the bad time they should also absorb that too as much as is possible, and take responsibility

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somegridplayer t1_j9f2uc8 wrote

Shareholders make a dollar I make a dime, this is why I shit on company time.

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AlleKeskitason t1_j9kbh95 wrote

Or you could just buy company shares and get paid for taking a shit.

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Silver-Armadillo-479 t1_j9fbhle wrote

You fundamentally don't understand capitalism, or if you do are just woefully misguided. Holy shit. The workers wouldn't have a job without shareholders. There would be no "work" to do and no money to earn. I'm not some corporate shill, but I also didn't stake millions to start a business. If you take risk then you get reward.

If you don't like being an employee then start a business, take the risk with your own capital, and run it however you like. Otherwise, kindly learn some history and economics

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timberwolf0122 t1_j9folig wrote

Because every company has shareholders/s

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Silver-Armadillo-479 t1_j9fouaw wrote

Yes every company does. Even private companies. Money/capital has to come from somewhere to start. A single owner is a shareholder...

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timberwolf0122 t1_j9foxqj wrote

That’s not quite the same as a publically traded company when one thinks of shares now is it

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Silver-Armadillo-479 t1_j9fqngo wrote

It's the same concept, regardless of your claimed minute differences.

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timberwolf0122 t1_j9gkcnd wrote

Well, no. A privately held business doesn’t have to make a bunch of randos with an E*trade account happy.

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Silver-Armadillo-479 t1_j9gl6e3 wrote

The privately owned business usually still has investors. Almost nobody has enough capital on their own to create a large business without raising capital.

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Bright-Ad-4737 t1_j9frjrl wrote

It's not a balancing act. Employees get compensated via their salaries and bonuses. Shareholders get compensated via their ownership of the business, the value of their shares and dividends.

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timberwolf0122 t1_j9gm4a5 wrote

So why should the people doing the work take a pay cut?

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Bright-Ad-4737 t1_j9gqgnu wrote

No idea. I have no clue how Jassy thinks, or how they're going to get out of their situation. Amazon seems like it's kind of an overgrown basket case right now. Maybe they should just start spinning off all the segments/businesses.

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