What do Union's want? Amazon recently fired about 1,300 jobs. As part of their labor agreement, they asked some employees to sign non-disclosure agreements to prevent them from badmouthing the company, and in return, offered those that signed more money.
Unions agitated against this, and got it rescinded.
My question is -- how did the Union action serve the employees? Although it might be nice to vent against someone who fired you, if push came to shove I would rather have an extra couple of thousand dollars in my pocket. So now, no one has to sign an NDA, and no one is getting the extra bonus. But I don't see how benefits from this. Read the whole story here.
NB. Amazon is also interesting because it set up a trust fund of stock, whereby laid off employees may benefit from some of the stock market bounce they helped create by getting fired.
Unions agitated against this, and got it rescinded.
My question is -- how did the Union action serve the employees? Although it might be nice to vent against someone who fired you, if push came to shove I would rather have an extra couple of thousand dollars in my pocket. So now, no one has to sign an NDA, and no one is getting the extra bonus. But I don't see how benefits from this. Read the whole story here.
NB. Amazon is also interesting because it set up a trust fund of stock, whereby laid off employees may benefit from some of the stock market bounce they helped create by getting fired.
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