People in general seem to have a hard time grasping the notion of just how much power we all have collectively. It is why so much time and marketing goes into promoting the idea of "the individual" being the most important thing in my opinion. The more people only consider themselves the less power they have to get what they want and need.
Technology
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Divide and conquer. I think that is the real reason the US has supported independence movements that break up countries so much. It is much easier to control 1 chunk out of 5 than all 5 together.
The LIRR workers were without a contract for like 3 years ? they went on strike for 3 days and got their contract...
That’s why it’ll be a shock to the system when on May 21, nearly 45,000 of Samsung’s unionized workers plan to walk off the job for 18 days. If that happens, it will be the largest work stoppage in the history of the semiconductor industry, at the single most important chokepoint in the AI supply chain.
Suck it, AI companies. I use an agent to help me code projects and it's genuinely useful. But these companies are leaches and they deserve a good kick in the balls. See price hikes due to shortages because of their build-outs. I'm very fortunate that I am not in need of any hardware (at the moment! hope nothing fails!), but I'm still very mad about how it's affecting people.
…
Last September, SK Hynix settled with its own union to allocate 10% of annual operating profit directly to employees as performance bonuses for the next decade, while removing caps on bonuses. Based on 2026 profit forecasts, that translates to average payouts of $460,000-$477,000 per worker this year across SK Hynix’s 35,000 staff, with projections approaching $900,000 per person next year. This is nothing new for SK Hynix: it already paid profit-sharing bonuses averaging about $95,000 per employee this past February.
Holy shit. The next time someone tries to tell you unions are bad, point them to this.
Side note: I'm literally trying to figure out and schedule time off before it expires that was won for me by my union. I didn't know about it and it's per-pay period so I got an automated email telling me to use it or lose it. What a great problem to have.
Do it.
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Everyone likes this.
Classic Fortune, sowing the seeds of blaming labor for every problem. Though, they should be careful because these Hynix/Samsung stories are showing the world how much the parasite class cheats workers. You suppose Micron workers who thought they had a good deal making high five-figures are looking at these bonuses and suddenly developing class consciousness?
This could lead to more affordable ram long term. I'm all for it.
Finally some good news.
This is what happens when you let your entire industry depend on a handful of manufacturers.
Good
BAHAHAHAHAHAHAHAH
Good! Fight for your rights! Fuck AI!
It’ll either hurt Samsung or employees will get their fair share. I’m fine with either outcome. But also, fuck AI.
Good! Fight for your rights! Fuck AI!
The workers certainly don't agree with "Fuck AI!" It's the AI profits they want a share of and wouldn't mind if AI didn't collapse once they get an agreement.
And the workers are certainly pro-capitalism because they make money from that too. /s
What AI profits?
You can make a pretty penny selling pickaxes during a gold rush
Good for them. If we're going to live through all the stupid of an AI bubble, it's good to see some of the insane profits making their way to the people who actually build the part and not just management and shareholders.
throw it, the wrench
Screw that, make it a chain sword!
Throw the whole toolbox! And the dog! And grandma!
Anything that fucks over big tech at this point is welcome.
WTF... Are the numbers in this article accurate?
"Based on 2026 profit forecasts, that translates to average payouts of $460,000 - $477,000 per worker this year across SK Hynix’s 35,000 staff, with projections approaching $900,000 per person next year."
So either the execs are getting billion dollar bonuses or everyone at SK Hynix will just be fucking loaded 😄
Although to be fair, these numbers are most likely in Won and whatever AI wrote the article forgot that there's other currencies than USD
Nope. These numbers are reported in USD after converting.
Yes, they are actually that huge.
Every article I've read on it over the last month or so has had the same numbers. But you could still be right. Or good ol' human error / miscommunication.
On the other hand, there's no way they're only getting paid that much won
These days it's pretty common for news outlets to just repost stories from other outlets without verifying anything.
In the first quarter of 2026 its operating profit rose to 57trn won ($38bn), more than eight times as much as a year before.
Samsung's estimated $73 billion profit (source) divided by 45,000 is over $1.6 million.
That's all of Samsung Electronics' profit and only the chip plant employees are included in that 45000 figure. If they're going to share the entire company's profits, it would be divided among 260k people. And the demand is 15% of profits to go into a bonus pool. This would be more like 42k per person if divided among everyone.
SK Hynix employees had the advantage that they only have the super profitable memory and NAND business. Samsung also makes phones and other shit that brought in way less profit per person, as you don't really get 80% profit margins on most products. So if it's just the chip industry employees getting the chip industry profits, the number could be a lot higher, otherwise the chip industry employees' generated profits are going to subsidize bonuses to everyone else as well and the amount per person will be lower.
According to this Samsung is forecasting $73 billion in profits for 2026.
For 45,000 employees that would be a bit over $1.6 million per person.
Now, granted, only the SK Hynix profits count and it's only 35,000 employees, but the numbers seem to be in the right ballpark.
That $460,000 number only seem suspiciously high to most people because we're not use to thinking in billions and we seriously overestimate how tiny the fraction of the value they create ends up in the hands of workers in sectors like High Tech.
They're probably less worried about handing the money over and more worried about all the staff fucking off immediately after recieving it. Insane profits.
While that’s a good amount of money, it isn’t “fuck you” money. You’re still gonna need a job.
I'd call it 'buy a nice little house and get an easy job' money.
Reminds me of that island where everyone was suddenly a millionaire because of the massive amounts of guano (bird shit) they were exporting
AI bubble