• Fedizen@lemmy.world
    link
    fedilink
    English
    arrow-up
    104
    ·
    edit-2
    6 months ago

    its clear in hindsight that there needs to be more regulation to prevent buyouts of competitors and more protections for workers under buyouts/mergers such as paying workers for at least 3 years after the sale of a company.

      • Fedizen@lemmy.world
        link
        fedilink
        English
        arrow-up
        10
        ·
        edit-2
        6 months ago

        3 gives people time to wrap up projects, move etc, basically any life most folks could have reasonably scheduled can be shifted in 3 years, it gives new parents time to take care of their kid and transition back to normal work. And the way to do it would be to have the companies pay the wages whether they lay them off or not (encouraging retraining rather than layoffs.)

        Although if what you wanted to do was was absolutely ruin the incentives that mergers create for layoffs the average appointment length of a CEO might do it.

      • BigBananaDealer
        link
        fedilink
        English
        arrow-up
        8
        arrow-down
        3
        ·
        6 months ago

        get bought out

        never show up for work again for a decade

        still getting paid

        😎