Because it’s capitalism and perfectly legal. These execs do what best for the company. Facebook has people beating down their door. Trust me I get what you’re saying. Yes fb is cutting costs while cutting some of there employees salaries. But these policies (COL wages) have been in place for awhile.
So you would expect workers moving from a low cost city to Silicon Valley to expect a raise, but not vice versa?
So its capitalism for execs to move people out and pay employees less, simply cause they want to get ahead financially and quality of living wise? Just let these execs get infinite profits, but god be damned if the employees can live in a suitable house or have a few extra thousand saved.