this post was submitted on 20 May 2025
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Uplifting News

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[–] [email protected] 39 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!

[–] [email protected] 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."

[–] [email protected] 9 points 1 day ago (1 children)

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.

[–] [email protected] 1 points 5 hours ago

I like who we have to eliminate by extension

[–] [email protected] 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.

[–] [email protected] 19 points 1 day ago
[–] [email protected] 39 points 2 days 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!

[–] [email protected] 6 points 2 days ago

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

That oughta teach him!

[–] [email protected] 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.

[–] [email protected] 55 points 2 days ago (2 children)

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

[–] [email protected] 19 points 2 days 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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[–] [email protected] 4 points 1 day ago

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

[–] [email protected] 13 points 1 day ago (5 children)

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

[–] [email protected] 17 points 1 day ago

A good start.

[–] [email protected] 9 points 1 day ago
[–] [email protected] 9 points 1 day ago

A success story.

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[–] [email protected] 32 points 2 days ago (2 children)

Wait until they see a guillotine rolling up the street

[–] [email protected] 9 points 1 day ago* (last edited 1 day ago)

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

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[–] [email protected] 39 points 2 days ago (28 children)

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

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[–] [email protected] 14 points 2 days ago

Neat! Hope he loses even more!

[–] [email protected] 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.

[–] [email protected] 8 points 2 days 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.

[–] [email protected] 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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[–] [email protected] 64 points 2 days ago (1 children)
[–] [email protected] 28 points 2 days ago

Go fash lose cash.

[–] [email protected] 31 points 2 days ago

meanwhile costco traffic doubled :)

[–] [email protected] 213 points 3 days ago

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

[–] [email protected] 132 points 3 days ago (3 children)

Wanna hate this guy even more:

  • He was so old, he couldn't actually be Target's CEO and the board had to make an exception to let him continue working there. What was that about DEI?!
  • Back in the COVID years when Target was doing gangbusters, they "adjusted" their bonus expectations and gave everyone who worked their peanuts while having the third best year on paper.
  • Target has been secretly laying off entire teams every month and offshoring, just under the limit to not actually have to announce it publicly.

Source: a buddy of mine who works there that's super pissed, but won't really leave because he makes $200k/yr. He's riding till it dies.

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[–] [email protected] 84 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.

[–] [email protected] 7 points 1 day ago

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

[–] [email protected] 54 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.

[–] [email protected] 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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[–] [email protected] 139 points 3 days ago (1 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?!

[–] [email protected] 71 points 3 days ago (45 children)

I love breaking down these huge salaries into 2 week chunks because I think it brings the disparity into perspective more for people since most of us get paid 2x a month.

For $75 million that is a twice a week paycheck (I know CEOs don't get paid this way) of $3,125,000!

That's the total of 1000 employees 2 week paychecks if they all made ~ $40 an hour

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[–] [email protected] 149 points 3 days ago (5 children)

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

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[–] [email protected] 88 points 3 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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