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1. Salaries are reported to Wall St 2. Profits go up, stock goes up. Costs go down, profits go up. 3. Wall St and investors want higher profits 4. Salaries depe
by lalos 7y ago
1. Salaries are reported to Wall St
2. Profits go up, stock goes up. Costs go down, profits go up.
3. Wall St and investors want higher profits
4. Salaries depend on supply and demand. Demand is high and supply is stagnant then cost goes up.
5. Companies push for increasing supply of workers.
It's economics and business not a conspiracy theory. Doesn't Apple apply the same logic for all the components to make an iPhone? Even going as far as doing their own chips to have a hand in increasing supply. This is the same Apple (along with Google and the rest) involved in this lawsuit https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
- deleted 7y ago[deleted]