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miltonlost 3 hours ago

They're just spending all they money they saved from the wage theft.

fmbb 2 hours ago | parent | next [-]

Wage theft is saving them tens of billions in the US every year. So they are hardly spending all of that for this!

atmavatar 2 hours ago | parent | prev | next [-]

I doubt it's close to everything they saved.

$1.5B is roughly the wage theft recovered between 2021-2023. It's estimated that more than $15B in wage theft occurs annually just from minimum wage shortfalls.

See: https://www.epi.org/publication/wage-theft-2021-23/

Keep in mind that wage theft is narrowly defined to include only blatantly illegal actions such as underpaying minimum wage, failing to pay overtime, requiring off-the-clock work, denying meal breaks, etc. It that doesn't even get into more general wage suppression via abusing visas, anti-poaching collusion with competitors (a favorite pastime of FANNG), and at-or-below inflation raise policies, among other things, which have caused wages to diverge from productivity over the last half century.

2 hours ago | parent | prev [-]
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