yesman to Political Memes · 11 months agoHeads I win, Tails you loseimagemessage-square115fedilinkarrow-up11.25Karrow-down113
arrow-up11.24Karrow-down1imageHeads I win, Tails you loseyesman to Political Memes · 11 months agomessage-square115fedilink
minus-squaresunbrrnslapperlinkfedilinkarrow-up33arrow-down1·11 months agoHow is it that no company has union busted by handing out shares of the business to their workers?
minus-squarenickwitha_k (he/him)@lemmy.sdf.orglinkfedilinkarrow-up16·11 months agoBob’s Red Mill did something of the sort and is 100% employee-owned as of 2020. The stated intent was to avoid the investor-driven abuse of employees and customers for profit. It’s not a workers’ co-op, to be clear, but runs under an ESOP.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up12·11 months agoOrganic Valley did that
minus-squaresunbrrnslapperlinkfedilinkarrow-up7·11 months agoAmazing… I gotta go see how it practically worked out. Thanks for the example!
minus-squareAngryCommieKenderlinkfedilinkarrow-up12·11 months agoKroger did that as a way to defeat a hostile takeover
How is it that no company has union busted by handing out shares of the business to their workers?
Bob’s Red Mill did something of the sort and is 100% employee-owned as of 2020. The stated intent was to avoid the investor-driven abuse of employees and customers for profit. It’s not a workers’ co-op, to be clear, but runs under an ESOP.
Organic Valley did that
Amazing… I gotta go see how it practically worked out. Thanks for the example!
Kroger did that as a way to defeat a hostile takeover
Gotta check that out - thanks!!