Huawei to Pay Out USD10.7 Billion Annul Dividend for 2023
Huawei to Pay Out USD10.7 Billion Annul Dividend for 2023
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Split evenly, this would be more than 70,000 USD per employee. Of course, the ownership structure isn't entirely flat, but (for example) the founder and CEO only has a 0.7% share.
Are you inferring that the money would be better spent on employees? I don't necessarily disagree, but will argue:
- The company likely wouldn't have been able to grow as quickly without the initial capital infusion that incorporating provides
- The employees know what they signed up for and have already agreed on their compensation requirements
- Employees also earn/own stock
- If Huawei wanted to payout gratuitous bonuses to employees rather than shareholders, they could always take their company private
Inferring doesn't mean the same thing as implying. They're kind of complementary, like borrowing versus lending.
The OP may have been implying something, but it looks like you're inferring something (which may or may not what they're implying; I don't care enough to parse that out).
Huawei is employee owned. They are the shareholders.
It's not equal worker ownership, but the money isn't just going off to investors.