Are you inferring that the money would be better spent on employees? I don't necessarily disagree, but will argue:

• The company likely wouldn't have been able to grow as quickly without the initial capital infusion that incorporating provides
• The employees know what they signed up for and have already agreed on their compensation requirements
• Employees also earn/own stock
• If Huawei wanted to payout gratuitous bonuses to employees rather than shareholders, they could always take their company private