911
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Mar 2024
911 points (99.3% liked)
News
23625 readers
2841 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
The company is being fined, so no single person is being held accountable monetarily either
Google tells me:
They were fined $300,000. So less than one employees' worth of revenue.
Cost of doing business, as usual.
Fined $300K, but also have to give up $1.5M in profit for the 10 kids. $150,000 per kid, or, you know, 1/2 of the revenue they generated. ;)
Well I'm sure a company with ethics, like John Deere probably, will stop doing business with Tuff Torq now. Definitely.
No, they'll just re-negotiate their contract to get a better deal causing Tuff Torque to treat their remaining employees worse.
Or owner bankrupts tuff torq, gives himself a termination bonus, then makes a new LLC called Tough Tork
Then his grand child does the same thing 30 years later to Tough Torgue
Honestly, they probably will. John Deere is really shitty ethically speaking with their stance on right to repair but they have a very strict supplier code of conduct. I used to work for a place that was one of their suppliers and our contract with them was far more strict than with any of our other customers. It mostly included things focused on employee welfare at the suppliers site. I'm going to see if I can get a hold of it today but posting it would probably violate confidentiality and this is an easily doxable account so don't expect me to post it wholesale.
Also this place just got a bunch of bad press while being associated with Deere while Deere currently has enough bad press of their own. They're going to come down on them hard which almost certainly means just cutting them off because it isn't like a company as big as Deere is going to struggle to find eager suppliers.
They would actually just hire adults, who cost slightly more if they are desperate. They will continue production at 100%
Could you explain what exactly "revenue per employee ratio" means? My thought would be that this is the value the average employee creates for the company minus the cost of employment per year, is that correct?
Revenue is all the money the company makes, before any costs
Revenue per employee is that amount divided by the number of employee
The after costs amount would be profit per employee
I think it's 160M / 500+ employees.
It's just revenue divided by number of employees
You'd think since companies are people they'd be thrown in jail or something.
They would but companies usually are considered rich people so they get the same treatment.
Corporations are people until it comes to them committing serious felonies.
At that point they're "too big to fail"
Whoever signed off on hiring literal children should be held accountable. Actually holding these people to accountability is the only way this is getting solved