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pbourke | 2 years ago

> A privately owned company is just as likely to consider input from employees as an employee-owned company is.

> Both employee owned companies I worked for the board made those sorts of decisions without any say from employees.

If there was 100% (or majority) employee ownership, would the employees not have the ability to use the general meeting process to eject board members they didn’t like? Aren’t employees voting for nominees to the board, allowing them to use a write-in process to bypass a hostile board?

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astura|2 years ago

Both were 100% employee owned.

>would the employees not have the ability to use the general meeting process to eject board members they didn’t like?

Lol, no.

Trust me, it would have happened if it were possible at one, the board was public enemy #1 among rank-and-file employees.

>Aren’t employees voting for nominees to the board, allowing them to use a write-in process to bypass a hostile board?

Lol, no. The board itself selects board members.

I'm not exaggerating, we literally had zero input on anything.