this post was submitted on 18 Sep 2023
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I repeat… If you make $100,000 for 40 years straight that is $4M. This dude(Ford CEO) made $21M in a single year. Ford’s share buyback program in 2022 totaled $484M. GM’a share buyback program totaled $3.4B in the past twelve months. We live in a fucked up world. Meanwhile, Ford/GM/Stellantis employees cannot afford to even buy the vehicles they make or feed themselves decent food.
GM's stock buyback program could also have afforded 24 years of employment with each person costing the company on average of 140k. I don't know what they budget per FTE on the bargaining unit, but the amount they spent on stock buybacks could've been put to compensation for 24 fucking years.
Executives and Investors should be terrified to walk in public.
Which is why they have personal shoppers, drivers, and jets.
And gated communities with guards and 24/7 police detail.
This isn’t France though.
May the bridges they burn light our way.
As their customer, i cannot afford to buy their vehicles either.
$100k salary and you can't afford food? Really? WTF are you eating?
Whoooooosh… 👀