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 10 months ago by MozooZ@lemmy.whynotdrs.org to c/drs_your_gme@lemmy.whynotdrs.org
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[–] OldWoodFrame@lemm.ee -1 points 10 months ago* (last edited 10 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.