My wage doesn’t have a cost of goods sold line item. If I take in $5b and make $5.5b in revenue, $300m is > 1/2 of my net profit
Calculate the 0.6% of your wage: that’s what $300M is for them.
sexual_tomato@lemmy.dbzer0.com 10 hours ago
JumpyWombat@lemmy.ml 4 hours ago
True, but if you stop working your income drops to 0, while if Disney stops working, it still owns billions in assets.
tyler@programming.dev 12 hours ago
That loss affects their stock price, their future outlook, what things they choose to fund, and how much they spend on advertising and trying to recover from this PR disaster.
JumpyWombat@lemmy.ml 11 hours ago
I’m sure that lots of managers are having lots of meetings to discuss what happened, and that’s probably the hardest hit they had: noise.
The revenues will be slightly impacted but they will hardly notice it on quarterly reports.
Does that impact the company value? I don’t think so.