Employees vs Shareholders

Many workers have been laid off or furloughed since the beginning of the Corona virus pandemic.  As companies close stores, curtail production and shed employees, some are continuing to pay shareholders.  Even though this may be a “bigger” picture issue, the optics of these business practices is not likely to win support.  The Washington Post reports that Caterpillar, Levi Strauss, and Stanley Black and Decker have all chosen shareholders over employees.  Deciding who will bear the brunt of the current economic climate is tough, but should it be the workers?

U.S. companies cut thousands of workers while continuing to reward shareholders during pandemic

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