4 ms·
>Plenty of people got rich off of plundering Hewlett-Packard; certainly not the employees!
by wnevets 6y ago
>Plenty of people got rich off of plundering Hewlett-Packard;
certainly not the employees!
- ChuckNorris89 6y agoC-suite's job is, unfortunately, only to get the shareholders rich, not the employees.
- chadcmulligan 6y agomaybe thats part of the problem, I recall a trend where employees bought out the company and ran it. Not sure what happened to it.
- ChuckNorris89 6y agoWe can't let the great unwashed own the company and run it for God's sake. /s That's what happened.
- nradov 6y agoThere have been a only few instances of employee ownership of large corporations, never any sustained trend. United Airlines employees took over majority ownership in 1994 but that never really worked and they ended up bankrupt.