this post was submitted on 14 Dec 2023
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The salaries of Wikimedia executives are sparking an online debate about tech sector wages (www.businessinsider.com)
submitted 11 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
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[–] JohnDClay@sh.itjust.works 23 points 11 months ago

One reason tech companies are able to give absurd salaries is to suppress competition. If they can price everyone else out from good engineers, they can keep competition low.