World News

32285 readers

795 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

Huawei to Pay Out USD10.7 Billion Annul Dividend for 2023 (www.yicaiglobal.com)

submitted 7 months ago by [email protected] to c/[email protected]

4 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 16 points 7 months ago (3 children)

Split evenly, this would be more than 70,000 USD per employee. Of course, the ownership structure isn't entirely flat, but (for example) the founder and CEO only has a 0.7% share.

[–] [email protected] -2 points 7 months ago* (last edited 7 months ago) (2 children)

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

[–] [email protected] 2 points 7 months ago

Inferring doesn't mean the same thing as implying. They're kind of complementary, like borrowing versus lending.

The OP may have been implying something, but it looks like you're inferring something (which may or may not what they're implying; I don't care enough to parse that out).

load more comments (1 replies)