That’s just a drop in the buchet in stock buybacks per year
How many employees does Intel have!? We have a free coffee program that I manage at my work and it works out to $35k USD per year. Granted we only have about 1200 employees, but scale it up to 120,000 and it’s still 3.5mil.
"Some of these include free fruit and beverages, fitness coaches in the gym, a sabbatical after four years with the company, and the grounding of the Intel Air Shuttle that flies between California, Arizona, and Oregon."
I think, if anything, one of those things was main driver of the cost here… You make this fucking list with a straight face? But you go get rid of the tea bags to discipline labor, you fucking cowards.
From tiny companies of five people, to huge companies of five hundred thousand, I have never worked in an office where you couldn’t get a brew.
But then, I am British. Take the tea away and it’s riots (or at the least some quiet complaining)
Worked for an American Fortune 100 company that had a community funded coffee station when I started. Got a tiny styrofoam cup of Folgers coffee for $0.25. Eventually they had stations that provided free coffee, but that was years later.
Where I work used to have free coffee and tea until a newspaper made a story about how we were lazy and spent all our time drinking coffee and wasting money so my organization fully removed complimentary beverages ever since. The floor warden walks around with a bucket collecting change and donations to get new hand soap in the kitchen. It’s so annoying.
Fucking real? Every tech job I’ve ever had has had free everything! Everything! Snacks, nuts, power bars, trail mix, yogurts, eggs, cereal, cappuccinos, beer, wine, you name it. Intel thinks they’re going to be competitive with some free coffee and tea, which is free at even the lowest level office jobs? Get real!