Dan Price’s Post

Chipotle steak burrito a decade ago: $6.65 Now: $11 “It’s inflation - what can you do?” Chipotle profit a decade ago: $327 million Now: $1.23 billion “It’s savvy business!” Chipotle CEO decade ago: made 778x the median worker Now: CEO makes 1,354x the median worker “He earned it! They didn’t.”

45% of Amazon warehouse workers are injured during the Prime Day rush. The company has industry-leading injury rates. Amazon also makes over $30 billion a year in profit and Jeff Bezos is worth $215 billion. This Prime Day I'm supporting local businesses when possible. https://lnkd.in/gJv_UyRg

The government banned banks from charging large overdraft and late fees. The banks' response: We will get the revenue back by charging for checking accounts that are now free. They will never give up their profit margins.

Microsoft is laying off up to 1,500 Azure employees, a few months after laying off 1,900 Activision Blizzard staff. Microsoft makes $72 billion a year in profit and is the most valuable company in the world. The disease of growth at all costs means it will never be enough.

Pfizer is laying off employees as part of a plan to save $5.5 billion. The same company made $53 billion in profit after releasing its covid vaccine. How come employees pay the price during rainy days but when the sun is shining it all goes to investors and execs?

When we doubled our minimum wage, our retention rate doubled. This stuff isn't rocket science.

Pay increase last year Median CEO: up 13%, to $16.3 million Median worker: up 4% Funny how one group got an inflation-adjusted pay cut but the people in control of the money still found room in the budget to give themselves a raise.

I am back to work full-time at Gravity Payments, the company I founded over 20 years ago. I'm in a new role advising and assisting the CEO on strategy. It's been great to be back 👍

One-third of Amazon warehouse workers are on food stamps, Medicaid or other government assistance, according to a new survey. Can someone explain why taxpayers like you and me have to subsidize profits for a man worth $206 billion?

Walmart is doing something I call "ghost layoffs:" They're telling remote workers to come back to the office. Some office workers need to relocate elsewhere. They know people will quit. But they don't have to pay severance or get bad PR from layoffs. BTW Walmart's profit last year was $15.5 billion, up 33% from the year prior.