Posts tagged shareholders
Wells Fargo unionization proposal falters
May 5, 2023 // Wells Fargo shareholders voted against the creation of a policy that would have formally outlined framework supportive of worker unionization last week. The measure, which garnered 36% shareholder support, was deemed “unnecessary and not in the best interests of our employees or shareholders” ahead of the bank’s April 25 annual meeting, according to a proxy statement.
Striketober Is Back As Workers Fight To Close The Wage Gap
October 4, 2022 // Strike Activity Heats As Workers Grapple With Covid Inequities Workers have long been frustrated by a wide range of issues–from low wages to poor working conditions, but Covid brought these problems into sharp relief. Workers who interact with customers in person, from medical staff to restaurant workers, realized that while companies considered them essential, they also considered them expendable. As the immediate horrors of Covid fade into the rearview, the way workers were treated has left a permanent scar. The combination of a lack of basic benefits (like healthcare), poor working conditions, unfair labor practices and the extreme wealth disparity between business owners and workers has triggered action—which is now showing up in worker walkouts, says Kate Bronfenbrenner, director of labor education research at Cornell University’s School of Industrial and Labor Relations.
Op-Ed: The time is right for Twitter employees to unionize
April 29, 2022 // Labor organizers have a message for the Twitter employees upset and concerned about Elon Musk's takeover of the company: Join us.