• scarabic@lemmy.world
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    7 months ago

    You’re right that stock price is something.

    Companies serve three groups:

    1. customers
    2. staff
    3. shareholders

    Stock price measures #3. And one out of three is a pretty shitty overall score.

    Before someone tells me that shareholders are everything, and that this is capitalism, I understand your point but if any of 1, 2, or 3 stop participating, the company stops functioning. All three must be served. You just waved aside staff as a bag of feelings, but they literally do everything at the company.

      • scarabic@lemmy.world
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        7 months ago

        Yeah yeah. You’re saying that corporate leaders don’t care about people, and we all know that. But the company has to offer staff something to come in and work, right? They get paid right? I’m not saying everyone needs to get desk massages and blow jobs. But there has to be something in it for the staff or there is no company. It sucks to work somewhere that the staff get bare minimum. But the best companies in the world offer a lot more than that, because talent is worth it.