She also made $29,000,000 in 2022 for herself, cause she worked so hard and made so many cars herself. Ha

  • Pyr_Pressure@lemmy.ca
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    1 year ago

    True, but that would only be for one year. What about after that? Take the raise away? They don’t do $3.4b stock buy backs every year I imagine.

    • Fogle@lemmy.ca
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      1 year ago

      That’s just the exorbitant profit that they put into stock buy backs. And if they spent half of that on buybacks and gave every employee a 10k bonus I’m sure opinions of them would be a lot more favourable.

      They could easily cut back some of their “profit” to pay people better

      • Pyr_Pressure@lemmy.ca
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        1 year ago

        Yes, I don’t disagree that it should have gone to employees, just wanted to be clear that $10 an hour wasn’t quite accurate. I’m sure a one time yearly bonus would be just as much appreciated and needed.

        • Fogle@lemmy.ca
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          1 year ago

          They also paused stock dividends for COVID 3 years ago and only resumed it now at 9¢ instead of 38¢

          And their 2022 gross profit was nearly 21 billion dollars. That’s an extra 60 dollars an hour for every employee

          They have the money.

    • MystikIncarnate@lemmy.ca
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      1 year ago

      They don’t do $3.4b stock buy backs every year I imagine.

      No… but they could give everyone a $2/hr raise, which isn’t trivial, and sustain themselves at that level for FIVE YEARS on the current excess.

      Another option is to give everyone a bonus; doing the math on 3.4bn/167k workers, is around 20k each; even if they “only” gave half of that back to the workers, a $10k bonus is pretty nice and one-time. There’s no excuse…