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> Anything that removes the power of CEOs and gives it to the worker should be highly encouraged. Pretty sure the moment you do this, the workers liquidate the
by lijok 10mo ago
> Anything that removes the power of CEOs and gives it to the worker should be highly encouraged.
Pretty sure the moment you do this, the workers liquidate the company and distribute the assets among themselves, as evidenced by the acceptance rate of voluntary severance offers in many past downsizings, such as the Twitter one.
- lux-lux-lux 10mo agoAccepting severance isn’t “liquidating the company,” it’s individuals minimizing risk when leadership is downsizing. Explicitly, in the case of Twitter.
- lijok 10mo agoAnd why would that play out differently?
- lux-lux-lux 10mo ago“Accept this money and go or be fired” isn’t remotely comparable to the situation and claiming it is reveals a fundamental misunderstanding about the nature of the offer?
- lijok 10mo agoThat’s not what a voluntary severance offer is nor how the Twitter downsizing worked.