Re:Facebook Asking for Some New Users' Email Passwords
by u801e on Wednesday April 03, 2019 @08:16AM
(#19562698)
> Rivals of Costco are angry with them for paying their employees more to get better motivated ones and less shrinkage - when if they think it is a waste of money be happy about it
Do you have a citation for this claim?
Re:Facebook Asking for Some New Users' Email Passwords
by Jgrubb on Wednesday April 03, 2019 @08:43AM
(#19562817)
I don't have a citation, but I have read repeatedly that stock analysts cite "overpaying" their workers as a place where they could cut costs and boost short term profits.
Re:Facebook Asking for Some New Users' Email Passwords
by mcv on Wednesday April 03, 2019 @09:14AM
(#19563019)
Stock analysts is not the same thing as rivals, though. If people think it's needlessly costly, competitors would cheer because their competitor is pricing themselves out of the market. As for stock analysts, if it turns out Costco gets more efficiency out of their better-paid employees because they're better, more motivated and less likely to leave, then that will eventually reflect in profits and stock price.
Re:Facebook Asking for Some New Users' Email Passwords
by zitterbewegung on Wednesday April 03, 2019 @09:55AM
(#19563304)
Amazon is know for a large capital investment and their stock has gone up even though they could cut costs and increase their margins.
Re:Facebook Asking for Some New Users' Email Passwords
by philipodonnell on Wednesday April 03, 2019 @04:41PM
(#19567083)
Capital investment != labor costs
It is part of the norm but the norm is horrifying and stupid yet you are the crazy one for suggesting something different like actually listening to the people you pay to think.