Recent comments in /f/technology

gqreader t1_j9dkpz3 wrote

Reply to Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad

It’s called risk and reward. I’m sorry but a lot of tech workers were flexing so hard on their $250k- $500k total comps, but the base only made up less than half of the amount.

High income earners will never support your ideal of an equitable economic system. They benefit from it, as the upper middle class. Trust me, many in those roles think you’re dumb and deserve to be poor if you make minimum wage.

I had one person who IPOed with coinbase and was flexing on his multiple millions. Welp. It’s a few $100ks at most now.

Don’t fret for the folks who get paid in RSUs. They are closer to the 1% than anyone else. It’s just part of the business cycle. They’ll find another $300k job else where after their nice severance package of $100k is used up.

Fret for the folks who run the warehouses and have to piss in a bottle to make the KPIs. Those are who we need to focus on, improving their lives and conditions will lift everyone.

Source: I make a lot of money, have many friends in tech, see the income and lifestyle. Sadly also see the entitlement to the lifestyle and income. Real dose of reality just hit them.

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VelveteenAmbush t1_j9dk32x wrote

Reply to comment by 9-11GaveMe5G in Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad

An alternative take is that even with a nutty would-be authoritarian president who literally tried to overturn an election, the system was resilient enough to toss him out of power right on time, with no indications that he came anywhere close to succeeding.

But yes, I agree that Kim Jong-Un is a good example of what you get with alternatives to capitalism.

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9-11GaveMe5G t1_j9dijmb wrote

Reply to comment by VelveteenAmbush in Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad

> >We've seen some other propositions. The problem is that they all end in immiseration and authoritarianism,

Hey I don't know if you noticed, but the last president, who is on the record as a huge fan of authoritarians like Putin and Kim jong Un, literally tried a fascist takeover of our country, which would have installed him as the authoritarian leader. So if "authoritarianism" scares you, simping for capitalism ain't the way to prevent it

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Longjumping_Worry184 t1_j9dhpy3 wrote

Reply to comment by mrnoonan81 in Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad

There's a super cringrey article out there about Amazon hiring missionaries not mercenaries, meaning they want believers who want to do the work rather than someone chasing large paychecks. This came back to bite Amazon as their VP cash base was capped at 165k like all other roles, and they were losing good VPs to competors who were paying larger cash salaries and not having to wait 2 years for stock to vest. This is part of why the highly publicized base raise to 350k happened last year.

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sanetori t1_j9dfzyy wrote

Reply to comment by ChalupaCabre in Does paid-for Facebook and Instagram signal end of free-access orthodoxy? by rejs7

Oh, im in EU and dont use facebook in any form so was just guessing that to be the most likely link to normal peoples money use on the platform. And didnt mean it costing them to sell but maybe facebook could have handled the exchange of money, but I guess its easier to just use cash app or equivalent instead between the buyer and seller so idk.

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