lledrtx@lemmy.world to Work Reform@lemmy.world · 11 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-square210fedilinkarrow-up1868arrow-down119cross-posted to: drs_your_gme@lemmy.whynotdrs.org
arrow-up1849arrow-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 · 11 months agomessage-square210fedilinkcross-posted to: drs_your_gme@lemmy.whynotdrs.org
minus-squarecandybrie@lemmy.worldlinkfedilinkarrow-up1·11 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