Work Reform

10040 readers

704 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 1 year ago

MODERATORS

seeCseas@lemmy.world

tintory@lemm.ee

TinMod@lemmy.world

860

A billionaire wrote this letter to Google a year ago. How likely is that Google's layoffs and actions since then are at least partly because of this? (lemmy.world)

submitted 10 months ago by lledrtx@lemmy.world to c/workreform@lemmy.world

211 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] sus@programming.dev 3 points 10 months ago* (last edited 10 months ago)

Fiduciary duty is real, in many jurisdictions at least. It means that the executives of a company are required to act in the best interest of the shareholders. In 99% of the cases what shareholders want is maximum profit.

But really, in almost every case where someone is found to be guilty of breaching this duty, it's because they actually actively did something fraudulent. Otherwise it's much easier for the shareholders or board to just fire the problematic people and get new ones. It's not like being incompetent is a crime.

for source you can look at eg. https://en.wikipedia.org/wiki/Fiduciary