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TWeaK ,

More accurately, Amazon shareholders voted against the proposals.

eager_eagle ,
@eager_eagle@lemmy.world avatar

Amazon Kills Shareholder

:o

…Proposals

:|

halcyoncmdr ,
@halcyoncmdr@lemmy.world avatar

Sounds like the shareholders need to do a little more than propose. The company does work for them after all. They keep talking about shareholder value to justify the focus on profits above all else.

Here the shareholders are literally saying they value these things specifically above general profit motives, and the company is responding with what amounts to “fuck you”.

lurch ,

shareholder power is limited. best they can do is vote against top executive pay until they get to install one who does what they want.

the shareholder value stuff is mostly talk of non-shareholders, because if you hold shares, you notice it doesn’t work that way.

TWeaK ,

The company responded, but the shareholders voted on each of the proposals. While certain shareholders made the proposals, the shareholders overall voted against it.

The board recommended voting against it, but the shareholders collectively did that.

db2 ,

https://files.catbox.moe/dlxy1v.jpeg

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