250
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Oct 2023
250 points (94.6% liked)
World News
32491 readers
670 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
A number that isn't taken into account is GM spent $3.4 billion in stock buybacks in the last 12 months. They count this as operating expenses even though it only serves to artificially inflate their share prices so they can pay dividends to shareholders. A truly unnecessary expense that could be used for workers.