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Choosing to lose $300M to $500M to break unions
(sh.itjust.works)
a community focused on union news, info, discussion, etc
Friends:
We've been here before and it's a bluff. The capabilities of AI and future AI are specious at best and untested at worst.
The root of this issue is the fact that we have publicly traded companies at all. WB can weather actions from other persons all it wants, but it can't capitulate to workers because of their obligation to the shareholders. All this would be over in a heartbeat if shareholders got together and demanded WB seek a resolution.
That i find a weird way of the Americans. The company is supposed to deny workers proper compensation and liveable working conditions, so the shareholders make more money shortly, or not even that because of the loss incurred by strikes?
Now they are basically advertising to everyone: "please work somewhere else. dont work here. we are a shit employer and you will get fucked"
With that they'll jeopardize their company over the next decade. We all saw with Twitter how fast a company can be run into the ground, when the workers are getting fucked over too much.
American corporate executive culture is really toxic, but even worse is the fact that in the US, publicly-traded companies (and the boards thereof) have a legal fiduciary responsibility to act in the best interests of their shareholders and no one else. Not the workers, not the greater good, not even the company itself.