this post was submitted on 11 Aug 2023
1549 points (98.1% liked)
Memes
45731 readers
932 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Those companies exist but are generally not competitive in terms of the product delivered to the consumer, largely because of a lack of ability to adapt to serve the needs of the market. They're focused on their employees instead of their businesses and end up getting outcompeted for a variety of reasons.
Except for Winco. Everyone I know loves Winco
WinCo is mostly employee owned but is run as a privately held business by its board of directors, not the workers. It's run like a normal company, more or less, although employee ownership does mean employees have more of a voice when it comes to business decisions.