I’m going to come to the conclusion that people are simply uneducated. Simply based on the responses I’ve already gotten.
Let me prop up a very common thing that people love to absolute hate - rich companies. Particularly, Wal-Mart. They say everything and anything to bash the company. While some of the things said is valid, like running small businesses out and maybe corporate doesn’t have all of the answers and the Waltons are particularly greedy.
Yet when I decided to google Wal-Mart’s operating expenses, we’re talking hefty amounts to run all of the stores it has, plus it’s operations overseas. It’s still a lot and I felt a ting in the back of my mind that maybe there is a bit of a reasoning for why a company as big as Wal-Mart has to do things like cut down expenses or lower wages a little.
And people simply don’t understand how that part of business works. They’re not in the shoes of the people operating a big company and they don’t understand how much and what it takes to run a giant franchise. They think it’s as easy as being sat in a position and all of the money the company is withholding is all in some giant vault, that’d be withholding billions that they can distribute or something.
So is all of the hate that something like this gets a little exaggerated because people don’t understand or is it justified?
I feel so stupid now. I can’t believe I ever thought a good way to save on costs was to not pay executives millions of pounds in wages and bonuses every quarter. Now I realise it’s better to lower wages/hours for minimum wage staff on zero hour contracts or lay them off.