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That's a quick way for CEOs get fired. Do you have any evidence of CEOs being fired by shareholders because workers got a payrise? Starbucks has been handing o
by EliRivers 2y ago
That's a quick way for CEOs get fired.
Do you have any evidence of CEOs being fired by shareholders because workers got a payrise? Starbucks has been handing out payrises of a couple of percent this year but I don't see shareholders firing the CEO. Likewise many other public companies.
- toomuchtodo 2y agoStarbucks replaced CEO Laxman Narasimhan (considered to be too accomodating of Starbucks workers' organizing efforts by Starbucks founder Howard Schultz and activist investors) with Brian Niccol (who previously fought against organizing efforts at Chipotle). https://x.com/RBReich/status/1828187954290008180 https://x.com/RBReich/status/1828187954290008180 https://x.com/MorePerfectUS/status/1823356710372934004 https://x.com/MorePerfectUS/status/1823356710372934004 https://sbworkersunited.org/ https://sbworkersunited.org/
- EliRivers 2y agoFrom what I read, the activist investors were complaining about poor sales and an inadequate China strategy. Not 2% payrises for employees.