this post was submitted on 20 May 2025
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Uplifting News

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[–] frog_brawler@lemmy.world 38 points 1 day ago (1 children)

Target’s CEO pay ratio now stands at 753 to 1, with median employee pay at $27,090.

I found the problem!

[–] Zink@programming.dev 23 points 1 day ago (2 children)

So every single day this guy makes TWO YEARS of wages for his median worker. Every year on the job, he makes over a DOZEN LIFETIMES of wages for the median worker at his company.

Seeing the hundreds-to-one ratio shows that there's a big difference, sure, but mapping that to the time comparison really puts it into perspective. Kind of like how a million seconds is 11 days and a billion seconds is 31 god damned years.

It's never going to be a surprise that the head of a company gets paid more than the other employees, but let's not pretend that their ridiculous compensation is "what I earned" versus "what I could get away with."

[–] Dozzi92@lemmy.world 9 points 1 day ago

But someone will tell me that Us v. Rich people isn't the only battle that matters. Literally everything gets easier to face if we just eliminate the battle we have with rich people.

[–] PolarKraken@sh.itjust.works 3 points 1 day ago* (last edited 1 day ago)

Yeesh, you're exactly right that this is the right way to think about it and thank you for pointing it out that way. Absolutely disgusting, I can't believe we all allow this. I'm pretty fuckin good at math and those timescales and numbers are just not intuitive, I'm always surprised with figures like these, even though I've seen em before. If people knew, really knew this stuff, I have to believe it would change.

Anyone "earning" like this while the people (and their families) propping up these fiefdoms sacrifice and struggle the way they're forced to - anyone doing so is de facto amoral. I'd go so far as to say deserving immediate death, no further evidence needed.

But maybe that's the 4 beers my old ass had tonight making me feel spicy, lol.

[–] kmartburrito@lemmy.world 18 points 1 day ago
[–] sturger@sh.itjust.works 39 points 1 day ago (2 children)

Oh no! His salary was slashed 50% to only $9M?!?!? How does the poor dear survive?

Most of us survive on less than 1% of that. Yay! We're One Percenters!

[–] Dragonstaff@leminal.space 6 points 1 day ago

Target’s CEO pay ratio now stands at 753 to 1

That oughta teach him!

[–] grrgyle@slrpnk.net 4 points 1 day ago

Keep axing and I bet the situation will improve for everyone.

[–] k0e3@lemmy.ca 19 points 1 day ago

I saw CEO and chopped in one sentence and I thought the guillotines have finally come out. It's a good start, I guess.

[–] DarrinBrunner@lemmy.world 13 points 1 day ago (5 children)

What do you call fifty multi-millionaire CEOs at the bottom of the ocean?

[–] BobbyGasoline@lemmy.world 17 points 1 day ago

A good start.

[–] laranis@lemmy.zip 9 points 1 day ago
[–] LiveLM@lemmy.zip 9 points 1 day ago

A success story.

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[–] Randomgal@lemmy.ca 55 points 2 days ago (2 children)

Oh no, only a few hundred million a year instead of all the millions a year? Devastating

[–] PolarKraken@sh.itjust.works 19 points 1 day ago

Guarantee this prick is furious over this, don't worry. Like, probably even more upset than you or I would be for getting fired unfairly. These people have their entire identity and ego wrapped up in this stuff, their brains are broken.

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[–] Reygle@lemmy.world 32 points 1 day ago (2 children)

Wait until they see a guillotine rolling up the street

[–] muusemuuse@lemm.ee 9 points 1 day ago* (last edited 1 day ago)

I personally prefer to buy my guillotines from Costco rather than target.

[–] Tail11@lemmy.world 8 points 1 day ago

I prefer public caning so everyone can get a whack.

[–] Tigeroovy@lemmy.ca 14 points 1 day ago

Neat! Hope he loses even more!

[–] Sho@lemmy.world 39 points 2 days ago (27 children)

Still not enough. As someone who frequently shopped at Target, I doubt I'll ever go back.

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[–] letsgo2themall@lemmy.world 29 points 2 days ago (1 children)

I closed my target account when they pulled this crap. Shopping Costco and thrifting only now. No walmart, no amazon either.

[–] GladiusB@lemmy.world 8 points 1 day ago

Amazon has sucked for at least a decade. It was a solid base idea. But they don't give a fuck about the consumer.

[–] Gammelfisch@lemmy.world 7 points 1 day ago

The SOB is not hurting and he should have been given the Target median income for fucking up.

[–] hefejefe@lemm.ee 26 points 2 days ago (2 children)

Didn’t target boost prices leading to record profits during the pandemic? Seems like balance is returning to the world. Perfect time for some tiny violins

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[–] cupcakezealot@lemmy.blahaj.zone 31 points 2 days ago

meanwhile costco traffic doubled :)

[–] davidagain@lemmy.world 64 points 2 days ago (1 children)
[–] Phoenicianpirate@lemm.ee 28 points 2 days ago

Go fash lose cash.

[–] D_C@lemm.ee 83 points 2 days ago

The only bit of the title I can fully get behind is this:
Target CEO.
Target CEO 🎯🎯

Greedy pricks like this should live in fear.

[–] Hayduke@lemmy.world 211 points 2 days ago

He still “earned” 753x more than the median Target salary. Crushing, I am sure. How will he ever survive?

[–] Katana314@lemmy.world 55 points 2 days ago (3 children)

Target was one of few department stores I actually felt okay about. They hadn't done anything particularly terrible, even what scandals I did find seemed to have nuance to them. Then they decided to wage war on minorities - sorry, "DEI", and I called them to specifically say I'd never shop there again.

I didn't bother to state "unless", but I'd be okay with returning to them if they turn out to fire the people responsible for the move.

[–] cupcakezealot@lemmy.blahaj.zone 25 points 2 days ago (2 children)

seriously; it was a phenomenal misreading of their demographic. do they not realise how much lesbians love to shop at target?? i haven't been in once anymore since then.

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[–] BlackPenguins@lemmy.world 2 points 1 day ago

Straight guy here who worked at Target for 8 years. Used to stop by every week, haven't been back since. It's not just the anti LGBT stuff. It's the fact they were pro DEI and LGBT and then went back on their stance. They have zero integrity. They bend their knees to terrorists. If they had just not sold pride stuff the entire time I probably wouldn't have cared.

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[–] jaaake@lemmy.world 139 points 2 days ago (46 children)

Cornell, who has led the Minneapolis-based retail chain since 2014, received $9.9 million in total compensation for 2024, an 87% drop from his 2020 peak of $77.5 million.

What the actual fuck? Why are humans being paid $10m A YEAR, let alone over $75m?!

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[–] NotAnotherLemmyUser@lemmy.world 148 points 2 days ago (5 children)

I'm not sure that there's any aspect about this news that's truly "uplifting".

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[–] jjjalljs@ttrpg.network 87 points 2 days ago (17 children)

If I had $9 million dollars I would be done. That's line a six figure annual salary if you put it in the safest of safe investments.

Rich people suck

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