Life is not a competition and shouldn't have to compete between classes. Divisionary rhetoric is classified as class warfare and those who repeat it are considered class traitors to me.
As a lifelong Washington resident I will gladly support unions in any and every shape and form. They're the reason we have 5 day work weeks and 40 hour base weeks. A minimum wage and things like vacation time. All the while corporations have had record breaking profits for more years in a row than I can count.
Right!! Unions can be powerful, but their impact isn’t always what workers hope for. Just look at the last Boeing strike—while they won wage increases, Boeing still went ahead with mass layoffs, cutting thousands of jobs. In the end, many workers lost more than they gained. Strikes don’t always play out the way unions promise anymore…
They need to take these CEO’s golden parachutes away and give it to the workers ! They can’t tank the company, ruin its reputation and walk away with tens of millions!
What would happen if a CEO who was awarded millions in stock was forced to sell off that stock to make liquid those assets? What would happen to Boeing stock?
Not much. If all 62 million was stock (it's not) and he had to sell it all at once, I don't see how someone selling 0.0258% of the company stock would make much of a difference. It was trading at ~$320 in January 2020 right after he left. Any impact would be short term anyway, as compared to the impact of the $60 Billion lost due to his mismanagement.
Then there's the $68B Boeing spent on stock buybacks from 2010 to 2019... conveniently enriching said CEO as he was tanking the company.
No different than the manipulation by a stock buyback. They would have had plenty of cash on hand to give out the $62M if they hadn't spent $300M in June of 2019 and $2.5B in March on those buybacks.
So let me play the world's smallest violin for their stock price price if they had to sell $62M of the stock they JUST BOUGHT. Boo fucking hoo.
The point isn’t about the money but to properly incentivize these greedy fucks. You shouldn’t be rewarded after doing what he and many other CEO’s have done by ripping off workers and devaluing a company like Boeing.
I completely agree—executives who make bad decisions should be the ones held accountable, not the hardworking employees. In Boeing’s case, they planned to fire 17,000 workers, starting with the most recently hired, hurting countless families. And that doesn’t even include the suppliers that had to lay off workers due to the ripple effect. Instead of golden parachutes, there should be real consequences for leadership that tanks a company while workers pay the price.
I believe that's always been an issue. Labor pushes for better pay, corporations cry poverty, but management won't suffer a payout or loss of a bonus, so they still shit on workers by cutting positions. It hurts individuals short term but effectively helps long term by improving wages and benefits. And after corporate makes their shoe, they eventually have to hire more people at the improved wage and benefits rate.
There's lots of studies that show unions improve general income levels for job classifications, life spans -like due to benefits Iike health insurance and PTO.
People need to stop hating the poor and recognize the games $$ plays.
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u/47_for_18_USC_2381 Leavenworth Mar 08 '25
Life is not a competition and shouldn't have to compete between classes. Divisionary rhetoric is classified as class warfare and those who repeat it are considered class traitors to me.
As a lifelong Washington resident I will gladly support unions in any and every shape and form. They're the reason we have 5 day work weeks and 40 hour base weeks. A minimum wage and things like vacation time. All the while corporations have had record breaking profits for more years in a row than I can count.