this post was submitted on 29 Dec 2023
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DRS Your GME

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No, the problem is not really "inflation." (lemmy.whynotdrs.org)
submitted 8 months ago by MozooZ@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org
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[–] OldWoodFrame@lemm.ee -1 points 8 months ago* (last edited 8 months ago)

Changes in net income don't necessarily mean more money around, it probably involves an increase in costs too. Net profit is what to focus on.

And a "50 cent" raise is per hour per employee per year so for 1000 employees every 50 cents is $1 million per year. Obviously still small compared to a $100 million buyback.

There's an argument to make here but this post specifically is not a particularly good example of it.