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jeffw@lemmy.world to Work Reform@lemmy.world · 8 months ago

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

www.commondreams.org

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

www.commondreams.org

jeffw@lemmy.world to Work Reform@lemmy.world · 8 months ago
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After Gorging on Stock Buybacks for Years, Boeing Announces Mass Layoffs | Common Dreams
www.commondreams.org
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"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."
  • anon_8675309@lemmy.world
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    8 months ago

    What’s it called when private equity steps in, buys it and then starts selling off chunks of it?

Work Reform@lemmy.world

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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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