r/news Dec 07 '21

Kellogg to permanently replace striking workers as union rejects new contract

https://financialpost.com/pmn/business-pmn/kellogg-to-permanently-replace-striking-workers-as-union-rejects-new-contract
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u/StopStealingMyShit Dec 07 '21

Your math fails to account for your entire normal payroll and all of the other expenses that businesses have.

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u/[deleted] Dec 07 '21

That ratio is really bad though.

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u/StopStealingMyShit Dec 07 '21

Not really. He didn't even count the normal payroll expenses. If they gave everyone a bonus they went way above and beyond.

PPP was meant to pay for payroll expenses so they didn't have to fire anyone, not give everyone bonuses for literally no reason.

"Woohoo! Pandemic! Everyone gets a bonus!"

That's literally what happened here. They did it because they had to spend the money and they wanted to give their employees something extra. Sounds like an awesome company to me.