Work Reform • 1 month ago

After Gorging on Stock Buybacks for Years, Boeing Announces Mass Layoffs

www.commondreams.org

cross-posted to:
progressivepolitics

348

After Gorging on Stock Buybacks for Years, Boeing Announces Mass Layoffs

www.commondreams.org

Work Reform • 1 month ago

cross-posted to:
progressivepolitics

After Gorging on Stock Buybacks for Years, Boeing Announces Mass Layoffs | Common Dreams

www.commondreams.org

"The corporate cure is always the same—lay off workers," said one critic. "Stock buybacks and layoffs are joined at the hip. It's time they were outlawed entirely."

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@hydrospanner
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0•1 month ago
And that’s how you permanently destabilize a market economy!
- @anon_8675309
  link
  7•1 month ago
  What’s it called when private equity steps in, buys it and then starts selling off chunks of it?

Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

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