It's the same concept, regardless of your claimed minute differences.

That’s not quite the same as a publically traded company when one thinks of shares now is it

Yes every company does. Even private companies. Money/capital has to come from somewhere to start. A single owner is a shareholder...

Because every company has shareholders/s

They’re upset because Amazon recruiters told them employees would be issued more stock if the price ever put them below band.

So, I agree with what y’all are saying but recruiters put their foot in their mouth when they told ppl this.

Amazon is so fuckall they'll use any excuse to dock pay

Yeah, I mean, you probably had a few really stupid ideas back then. I know I did.

Could be. Started here as a freshman in college, and now it's been almost 15 years since then lol

Tbh, Reddit probably stayed mostly the same and it’s you who grew up.

Boeing was even dumber than you thought.

I agree. I don’t get why people feel they can complain when they agreed to this compensation model. Inherently there is risk and you accepted that risk.

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You know what sucks about this? They’re going to end the “free” but keep the fucking ads….

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It started so long ago that most people have left due to toxicity and those remaining are toxic and too young to understand history or so far up academia's ass still that they have no actual experience to draw from. Either way, Reddit is fucking terrible. It's not what it used to be that's for damn sure

Somehow it seems that Instagram continues to grow its user base. They keep expanding into new markets. I hope their crash comes soon though because the services are pretty much garbage at this point.

I say "poor reputation/service of the company" because places like Walmart will blame poor work ethics, dedication to work, and increased theft because no one cares to keep the products in good sellable condition.

But yet if the store does great, everyone get $20-100(?) bonus in their next pay check.

Or my favorite that I went through, the store went through a small remodel. They say big, but if all you're doing is repainting some walls and a couple new sign sup, that's not significant. Usually when a remodel happens, the quarterly bonus is slashed, or eliminated. In my experience, we got hardly to no bonus that quarter.

It's not just Walmart. Amazon likes to hint that their poor service is on their employees. Too many breaks, using the bathroom too much, going on strike or mere gossip of it.

Ok so maybe this is an unpopular opinion but these aren't really the workers we should be worried about. I mean we're talking about amazon corporate aren't we? These are the folks on Blind bragging about making 250k total compensation with RSU's included.

Better than being fired or laid off

USA's place on the top of the economic pyramid isn't a given. Nor should it be. There are other much more populous countries, who should grow, to be able to have very high standards of living. If the USA keeps on top for the next 50 years, our standard of living will far outpace most other places in Asia / Africa / Central South America. I'm not sure that's a good thing. Even if China's economy surpasses that of the USA, that economic strength is watered down over a much larger population. 1.35 Billion vs. 340 million. China's economy would need to be almost 4x greater than the states, to have economic parity, according to population.

Will China be on top though? That's hard to say. China is great at copying technology but has been challenged with creating high quality patents - innovation is still a struggle for them. They have a ton of huge issues from environmental challenges, to a rapidly declining population, to an emerging generation that is not as driven as the previous generation. If they can figure out how to innovate, on the scale that the USA innovates, they'll do well.

The USA has a ton of issues as well, including emerging class conflicts and extreme class income disparity. America is politically and ideologically polarized, and drugs and crime are spiraling out of control. Unless the USA figures out how to address some of these issues, the USA is in for a world of hurt. Our most progressive cities are a mess - San Francisco, etc. - and those are the policies toward where the rest of our cities are moving. America still has much more going for it, but in 50 years, it'll be interesting to see how all this shakes out. There were huge changes in the 50 years from 1920-1970, then tremendous changes in the 50 years from 1970-2020, who knows what'll happen from 2020-2070.

I started off my career after college as a hardware engineer. I loved prototyping (although analog design wasn't my thing). I ended up moving in a different direction career wise, but today I'm always amazed by the level and sophistication of open source tools for simulation and design. You could DIY back in the day too, but like anything else CAD tools and existing fab options got to the point where just about anyone with a bit of training could have a professionally crafted PCB built at a very low cost.

Exactly. Why are people crying for those who make a ton of money? I took a job with a higher salary and lower variable comp because... I value... stability... Reddit wants to cry and bemoan for people that 2 years ago were making $300k with most of it being stock? Fuck that

half of them are not even SWE but rather overpaid programmers.

didnt your HR lay this out for you. Ive been in talks with tesla, and one of the first things they told me was how the options/RSU vesting works.

You fundamentally don't understand capitalism, or if you do are just woefully misguided. Holy shit. The workers wouldn't have a job without shareholders. There would be no "work" to do and no money to earn. I'm not some corporate shill, but I also didn't stake millions to start a business. If you take risk then you get reward.

If you don't like being an employee then start a business, take the risk with your own capital, and run it however you like. Otherwise, kindly learn some history and economics