Hacker News new | ask | show | jobs
by ETH_start 1124 days ago
Their employees only unionized 8 years ago. The rapid decline and eventual bankruptcy of a company following unionization is a common pattern.

And unfortunately, the bankrupt company cannot get out of its collective bargaining agreements, making it difficult to find any buyers for its business units.

1 comments

Per Wikipedia, Vice started its digital operations in 2006/07. So “only” 8 years is about half of that time