this post was submitted on 27 Feb 2025
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"Nearly half of US employees admit to time theft!"
Nah, it's the other way around. Company profits of any kind are wage theft.
I mean a company does need to make profit. Excessive profits is another thing.
No they do not. They need to break even only. Profit is the result of charging customers too much, paying employees too little, or enshitification.
No company wants to stay stagnant. They want to grow. You can’t grow if you’re not making more money.
Spending profits on stock buybacks and bonuses is literally the opposite of wanting to grow.
Worker productivity is like holding sand. It you grab it and squeeze it hard, it just runs through your fingers and falls to the ground. But if you cup your hands and support it carefully you can hold on to much larger amounts of it.