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   feld (feld@friedcheese.us)'s status on Saturday, 02-Nov-2024 11:15:14 JST feld
   A 22 percent increase in the German minimum wage: nothing crazy! | Papers With Code https://paperswithcode.com/paper/a-22-percent-increase-in-the-german-minimum
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     feld (feld@friedcheese.us)'s status on Saturday, 02-Nov-2024 11:16:51 JST feld

     in reply to
     The 22% wage increase was fine? Then why is VW begging for a 10% wage cut so they can stay competitive and not close factories?
     
     
     https://www.reuters.com/business/autos-transportation/volkswagen-reports-third-quarter-profit-slump-major-overhaul-looms-2024-10-30/
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     Tim W (admin (and human)) (tim@union.place)'s status on Saturday, 02-Nov-2024 12:22:22 JST Tim W (admin (and human))

     in reply to

     @feld because that's what corporations do, they cry poor so they can hand over more profits to the top echelons.

     #EndBillionaires

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     feld (feld@friedcheese.us)'s status on Sunday, 03-Nov-2024 00:26:04 JST feld

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     @besserwisser it will have a ripple effect and certainly increase VW's costs when working with other local companies etc. They need to cut their internal costs as much as possible now. I just think this is one of those "we celebrated too early" situations as the full effects were not yet known. It needs another year to bear out I think
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     ベッサーヴィッサー :verify: :verified: :verified_flashing: (besserwisser@shitposter.world)'s status on Sunday, 03-Nov-2024 00:26:05 JST ベッサーヴィッサー :verify: :verified: :verified_flashing:

     in reply to
     @feld A 22% minimum wage increase in an economy which is mostly doing fine is different from a 10% wage cut in a struggling company where few people earn as low as minimum wage. Admittedly, I haven't looked into it enough to really know how much of a difference it would make and what other alternatives there are. Usually it's safe to assume corporations just want to depress wages as much as possible and now they're having problems to blame it on.
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     feld (feld@friedcheese.us)'s status on Sunday, 03-Nov-2024 00:31:18 JST feld

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     @besserwisser I don't know that VW Germany is structured or as quite as parasitic as the typical American corporation
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     ベッサーヴィッサー :verify: :verified: :verified_flashing: (besserwisser@shitposter.world)'s status on Sunday, 03-Nov-2024 00:31:19 JST ベッサーヴィッサー :verify: :verified: :verified_flashing:

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     @feld I'm just mad every time a corporation struggles, management will only increase their pay, as usual.
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     ベッサーヴィッサー :verify: :verified: :verified_flashing: (besserwisser@shitposter.world)'s status on Sunday, 03-Nov-2024 00:53:29 JST ベッサーヴィッサー :verify: :verified: :verified_flashing:

     in reply to
     @feld It's partly state owned, for one. On this specific issue, I never experienced management taking pay cuts or just not give themselves a giant raise after making demonstrably bad management decisions. I only ever seen this in Japan. Probably also happens in other places I haven't seen.
     feld likes this.