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CEOs will literally waste millions of dollars by losing half their staff rather than recognize a union. Let's not pretend this is some smart stealth merit-base
by susanasj 3y ago
CEOs will literally waste millions of dollars by losing half their staff rather than recognize a union.
Let's not pretend this is some smart stealth merit-based layoff play by the CEO: the people leaving are likely the ones with options, and many of them have been working remote for years now. They are unwilling to relocate their entire lives for Grindr. The RTO announcement came out soon after announcement of the union drive.
- rchaud 3y agoCEOs are responsible for the stock price. There’s no faster way to juice those numbers than by announcing thousands of layoffs at the drop of a hat. Unionization makes that a lot more tricky.