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> Interesting how this structure has a headline like this one, vs the ">10k workers laid off from giant corporation with record profits for the past two years"
by bluedino 4y ago
> Interesting how this structure has a headline like this one, vs the ">10k workers laid off from giant corporation with record profits for the past two years" headlines that seem to be popping up here daily.
Aren't large bonuses common enough with FAANG that they don't even make the news?
- pc86 4y agoExactly, and this bonus is less than $8k USD. Most FAANG bonuses are 3-5x that, and yearly.
- Firmwarrior 4y agoyeah.. I'm happy for the regular workers, but as a code monkey, I'd rather make $400k a year and get randomly laid off for no reason than make $100k forever
- mistrial9 4y ago[flagged]
- elil17 4y agoThey aren't common for many (most?) employees in FAANG. This is more like all of Facebook's content moderators or Amazon's warehouse workers getting a $7,000 bonus. Certainly that would hit the news?
- jandrese 4y agoI remember a few years ago when Elon Musk got a huge payout for hitting a production target with Tesla. It was basically a huge bet that paid off because they mandated tons of overtime. I did the math and realized that if he took half of the bonus and distributed it evenly to every single Tesla employee, from VPs down to cafeteria staff, it would amount to around $40,000 for every person in the company. Of course Elon pocketed it all. Later that year and for the following year Tesla would be embroiled in labor scandals.