$500m out of a $10b profit is 5% loss. It it gets up to $1b out of $10b, then that’s a 10% loss. I’m not sure you can say that’s not irrelevant. These businesses are losing tons of money.
It’s more of a comment on the production companies saying they came afford to meet strikers’ demands yet can report numbers like that to their shareholders.
$500m out of a $10b profit is 5% loss. It it gets up to $1b out of $10b, then that’s a 10% loss. I’m not sure you can say that’s not irrelevant. These businesses are losing tons of money.
It’s more of a comment on the production companies saying they came afford to meet strikers’ demands yet can report numbers like that to their shareholders.