this post was submitted on 30 Nov 2023
494 points (97.9% liked)

Technology

60076 readers
3632 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 0 points 1 year ago (1 children)

Lots if employees have stock based compensation and therefore do own part of the company. A tiny fraction of a company's market cap can still be a huge component (over 50% is not uncommon in tech) of an employee's compensation.

[โ€“] [email protected] 2 points 1 year ago

Bro you talking about the 5-10% who works for multi national companies and get stock options. Majority of people don't get stock options, they just do their 9-5 and go home.