Thread regarding AT&T layoffs

CEO-to-worker pay ratio

It's interesting that top three have the most busy layoff pages on this site:

  • AT&T: 366x (yes, Stephenson makes an average yearly salary EVERY SINGLE DAY, including weekends)

  • IBM: 341x

  • Intel: 211x

  • Netflix: 133x

  • Amazon: 59x

  • Facebook: 37x

  • @ElonMusk, Tesla: 0.9x

(Bloomberg, 2018)

https://www.bloomberg.com/graphics/ceo-pay-ratio/

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| 1931 views | | 5 replies (last June 15, 2018) | Reply
Post ID: @OP+TGpdEjN

5 replies (most recent on top)

@vyl, yeah CEO's are all geniuses. Wasn't Stephenson in charge of a deal a few years back that did not go through and cost AT&T like 4 billion dollars to back out of? Yes my memory does serve me right. Here's the link. Meanwhile you just keep carrying the water of the rich as they bend you over.

https://www.wired.com/2011/12/att-tmobile-merger-ends/

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Post ID: @ugn+TGpdEjN

When the righties want to know why Bernie Sanders is the most popular politician in America, well this is part of the reason. Also, Why do these supposedly moral Christian people try to paint a guy as a communist for trying to get healthcare insurance for everybody? They don't worship the same Jesus I do.

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Post ID: @pyc+TGpdEjN

it's not market driven, there is no market for ceos - it's all backroom dealings and political positioning. there is no correlation between the comp and financial performance - a good example is #2 on the list, ginni rommety who had 20 consecutive quarters of declining revenue while her comp goes up and she's #2nd highest paid ceo in the world.

if there was an ounce of market forces here she'd be out in less than a year, somehow she survived 5+ years

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Post ID: @jym+TGpdEjN

Are you a communist? This America, and CEOs are paid what the market will bear. They take the big risks and they need their money to extend out a couple generations and across a couple of marriages in most cases. And now with the gals, they could even be hit with the #MeToo from a golddigger.

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Post ID: @vyl+TGpdEjN

Comparing CEO pay to worker pay is an exercise in futility; always has been, always will be. I didn't aspire to be a CEO, I didn't study hard enough to be a CEO, I don't have the right connections to be a CEO, and frankly I don't want to be a CEO. Sure the financial rewards are amazing but there is a big trade off there.

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Post ID: @pbp+TGpdEjN

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