PamelaDrew on Nostr: Lowe’s, for example, spent $43 billion buying back its own stock over the past five ...

Lowe’s, for example, spent $43 billion buying back its own stock over the past five years. With that sum, the chain could’ve given each of its 285,000 employees a $30,000 bonus every year. Instead, half of Lowe’s workers make less than $33,000. Meanwhile, CEO Marvin Ellison raked in $18 million in 2023. https://scheerpost.com/2024/09/06/the-big-rip-low-wage-corporations-spent-half-a-trillion-inflating-ceo-pay/