this post was submitted on 21 Jan 2024
1569 points (98.6% liked)
Work Reform
10145 readers
251 users here now
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.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yup it's all the fault of Jack Welch. He worked at GE and company culture at the time was to be proud of the number of employees they had. Some companies were proud that they never laid anyone off even during the great depression. They proudly took a loss rather than lay off anyone.
So Jack works his way up the ranks of GE which is how things worked back then. He got all the way to the top of this great company that was proud of his employees. And as soon as he was CEO he started laying everyone off. And the stock price of GE soared.
Ever since then that's what every CEO tries to emulated. The stock market sees the CEO emulating Jack Welch and buy buy buy.
But it's all short term thinking. Products get worse and worse, nobody give a shit about their job, work doesn't get done. But just blame the employees and do another layoff.
Jack Welch fucked us all, but very few people even know his name.
Behind The Bastards did a series on him. And fuck Jack Welch