CEOs' pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows - eviltoast
  • grue@lemmy.ml
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    1 year ago

    The “shareholders” are the managers of large mutual funds, who are in the same 1%er good-ol’-boys club as the CEOs. They’re the ones voting the huge blocs of shares within the mutual funds.

    The middle-class folks who actually own the shares indirectly via the funds in their retirement accounts have been completely disenfranchised.