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What if the sandwich shop went from being worth $1M to being worthless instead? Should the workers bear the cost of any business debt and/or have their wages cl
by pb7 5y ago
What if the sandwich shop went from being worth $1M to being worthless instead? Should the workers bear the cost of any business debt and/or have their wages clawed back?
- ModernMech 5y agoWhen a founder draws a salary and the business goes under, their wages aren't clawed back. Why would a worker's wages be clawed back? Workers should share in ownership. If the value of the business goes to zero, their ownership stake goes to zero, just like the founder.