Apple plans to give its retail employees bonuses of up to $1,000, a report says


Link: Business Insider
Date: 2021-09-23

Why

To share the profits made by the company and show some sympathy for the less rich during the pandemic.

How

By shifting their profits from other things into this payout.

Opinion

This is somewhat an example of trickle down economics where corporations that normally hoard immense amount of money, actually give it out down the pyramid in a very obvious way. Every company should be doing this to better enable those lower in the current economic pyramid, so people hav more of an opportunity to achieve and better life. Ideally, the aim should be to turn an economic pyramid into a rectangle or turn it upside down.