3 ms·
> The long-term profitability of the company is essential for ensuring the jobs of everyone Long-term profitability is the goal of company management? In my ex
by afavour 3y ago
> The long-term profitability of the company is essential for ensuring the jobs of everyone
Long-term profitability is the goal of company management? In my experience that’s often not the case. Short term profit going straight to shareholder dividend, seeking a sale at the highest possible price… Maybe I’m too cynical but it feels like these are the primary goals of corporate America these days. Boost, boost, boost then cash out. If anything a unionized workforce can help keep management on the straight and narrow path to long term profitability because unions make the short term cashouts more difficult.
I’m not going to try to claim that all union management is wonderful but a great number of employees in the US would still be in a better place represented by selfish, inefficient union bosses than left to the company’s whims.