Dan Price@DanPriceSeattleThread on how Amazon treats its workers Context: Amazon full-time warehouse employees make $31,200 a year. Jeff Bezos makes that every 12 seconds. Cost to give warehouse workers 2 weeks paid sick leave + pay bumps so they don't qualify for food stamps = 0.9% of Bezos' fortuneOpens with an observation
Dan Price@DanPriceSeattleOne-third of Amazon warehouse workers are on food stamps, Medicaid or other government assistance, according to a new survey. Can someone explain why taxpayers like you and me have to subsidize profits for a man worth $206 billion?Opens with an observation
Dan Price@DanPriceSeattleCitiGroup announced 20,000 layoffs in January despite $9.2 billion in annual profit. Since then their stock has soared 22% because "costs are lower." Guess how upper management gets paid? Via stock. So they all got a huge raise. Corporate incentives are all backward.Opens with a number