In almost all cases where a company is fighting for survival, leadership has failed, often quite visibly.
It's one of the few moments where rank-and-file folk realize they do need a say in where things are heading - because you start seeing that the leaders aren't somehow magic beings with perfect decision making qualities. And, at the same point, you get strong reminders that your livelihood is coupled to the company's livelihood - which is making bad decisions right now.
That's why "fight for survival" is a common inflection point for unionization.
Buts it’s not. They can leave and find another job easily.
I agree that management can often be shit and make bad decisions. But at the end of the day everyone is working to make the owners a lot of money, and if the owners cannot see how shit management is, why should employees bother? They don’t stand to gain, only keep working at a company they believe could do great things. See…the incentives for employees drift off into intangible and unmeasurable things.
If a union was able to shift the strategy of a company, what happens if they are wrong and it bankrupts the company. They have no skin in the game. It makes no sense.
Perhaps they care about the mission. Perhaps they care about the customers. Perhaps they want to ensure the work they've been working on was not made in vain. You seem to see work as purely satisfying the lower ranks of Maslow's hierarchy, but for many workers it is also a means of self-actualization.
> If a union was able to shift the strategy of a company, what happens if they are wrong and it bankrupts the company.
And what if management or the owners do that? How about giving someone else involved in the endeavor a try?
1) Owners and management are, especially in the startup world, tightly intertwined.
2) Uh, yes, unions do have skin in the game. Again, it's the whole "keeping your livelihood" thing.
3) I'm not saying it's the best moment for people to start thinking about a union. They should've done that way earlier. Better late than never.
4) "What happens if they are wrong and it bankrupts the company" - I am sorry, do you have any idea what unions are and how they work? There are any number of vultures that'll fleece the body of a company before a union can "bankrupt" it. They happen to be all on the ownership side.
Maybe because the leadership is actively undermining the survival? From this case alone, it seems possible that the Mapbox leadership is chasing a hopeless strategy by focusing on the auto industry, which is dominated by other much larger companies.
> The employees have dramatically less incentive than the owners and management to earn the owners an adequate return on their investment.
What has led you to this conclusion?
I’ve observed the opposite to be true: employees have more incentive than investors to seek the long-term success of a company. Building a career within a company and industry requires an investment of time and effort. Career changes are slow and become increasingly difficult. In contrast, investors can invest in anything so investments are more liquid than careers. In the case of a company failure, well managed investment portfolios are exposed to significantly less risk than the typical salaried career.
Employees concept of this is not aligned with investors. Investors need a return on investment. It’s not enough for them to have a moderately profitable company with happy employees. They need a big exit event that fits their investment characteristics.
And this is fair because then accepting VC money gives them an advantage over their competitors who might have bootstrapped. We shouldn’t feel sorry for employees of a heavily VC funded company, but by their bootstrapped competitors trying to compete.
We shouldn’t try to protect employees with high salaries at entrenched big tech companies. We should allow entrepreneurs to create new companies to challenge them which is better for society. It’s better to have less monopolies and it would be better if one high salary was split in two due with someone from a smaller competing company. This is better for the labor market.
> It’s better to have less monopolies and it would be better if one high salary was split in two due with someone from a smaller competing company.
But the VCs whose needs you are arguing for are the ones who are seeking those monopolies, at least in tech. With the advent of blitzscaling as a preferred strategy, we are seeing VCs who are seeking to create monopolies and own markets from the start. So why do you feel sorry for those investors? They burn plenty of money, and if they lose money on one company, they have plenty more in their portfolios.
And if unions are truly as detrimental to the system as you claim, then perhaps it is good if they arise in VC-hyperfunded startups, because then they will thwart these nascent monopolies, and allow bootstrapped companies more of a fighting chance.
Your narrative contradicts itself.
> We should allow entrepreneurs to create new companies to challenge them which is better for society.
The existence of unions would not poise a challenge to entrepreneurship.
Without access to a parallel universe generator, I don't see how you could. All I'm asserting is that I think that you can't reliably say that management or workers/employees are consistently in a better position to understand the best path forward for a company. Either one can be overly focused on replicating past success; either one can be wrong about opportunities for growth.
The employees don't have a better strategy, but they think they do. This happens when trust and respect is lacking (in both directions) between management and workers.
You're right, but we have to take one step at a time to get there. Among other things, unions normalize the notion that employees also have a say in how the business runs, even if it's rather limited.
It's one of the few moments where rank-and-file folk realize they do need a say in where things are heading - because you start seeing that the leaders aren't somehow magic beings with perfect decision making qualities. And, at the same point, you get strong reminders that your livelihood is coupled to the company's livelihood - which is making bad decisions right now.
That's why "fight for survival" is a common inflection point for unionization.