How fragile do you think workers are? No shit a strike harms the bottom line of the company as a whole. That’s the whole point.
It’s incumbent on the unions and workers to decide if them getting shafted in contract negotiations is disproportionate to how the company is doing as a whole or if it’s just the company actually not being able to afford raises or benefits (is the money really not there or is it getting hoarded by management)
If the company is actually not doing well, then laying off some people and trying to right the ship is preferable to everyone losing their jobs if it goes under. When deciding to strike you’re weighing if it’s because of management greed or the company actually not being able to afford the additional benefits.
As it is currently employees only get the downside when the market is weak, they don’t get the upside. Stocks mitigate that problem.
How fragile do you think workers are? No shit a strike harms the bottom line of the company as a whole. That’s the whole point.
It’s incumbent on the unions and workers to decide if them getting shafted in contract negotiations is disproportionate to how the company is doing as a whole or if it’s just the company actually not being able to afford raises or benefits (is the money really not there or is it getting hoarded by management)
If the company is actually not doing well, then laying off some people and trying to right the ship is preferable to everyone losing their jobs if it goes under. When deciding to strike you’re weighing if it’s because of management greed or the company actually not being able to afford the additional benefits.
As it is currently employees only get the downside when the market is weak, they don’t get the upside. Stocks mitigate that problem.