this post was submitted on 21 Feb 2025
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] breadsmasher@lemmy.world 61 points 3 months ago* (last edited 3 months ago) (3 children)

of course. gut the workers to pay for the executives yachts. how is this is legal boggles my mind.

tHe AmErIcAn DrEaM

[–] WhatAmLemmy@lemmy.world 13 points 3 months ago

It's legal because we live in corporate dictatorships masquerading as "democracy".

[–] ofcourse@lemmy.ml 9 points 3 months ago

Not only is it perfectly legal but the executives would argue that they are bound by their fiduciary duty to their shareholders. Layoffs increase stock price => shareholders make money => shareholders approve bonus for executives.

[–] AtariDump@lemmy.world 4 points 3 months ago

“They call it the American Dream because you’d have to be asleep to believe it!” - George Carlin