lledrtx@lemmy.world to Work Reform@lemmy.world · 10 months agoA billionaire wrote this letter to Google a year ago. How likely is that Google's layoffs and actions since then are at least partly because of this?lemmy.worldimagemessage-square212fedilinkarrow-up1877arrow-down119
arrow-up1858arrow-down1imageA billionaire wrote this letter to Google a year ago. How likely is that Google's layoffs and actions since then are at least partly because of this?lemmy.worldlledrtx@lemmy.world to Work Reform@lemmy.world · 10 months agomessage-square212fedilink
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up1·10 months agoThis goes through the legal cases in the US and UK that establish it isn’t generally a requirement to maximize shareholder value above all else: https://legislate.ai/blog/does-the-law-require-public-companies-to-maximise-shareholder-value
This goes through the legal cases in the US and UK that establish it isn’t generally a requirement to maximize shareholder value above all else: https://legislate.ai/blog/does-the-law-require-public-companies-to-maximise-shareholder-value