this post was submitted on 27 Sep 2024
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[–] PugJesus@lemmy.world 34 points 2 months ago (2 children)

The actual employees threatened to resign en masse, because the employees own equity in the company and want this dogshit move too.

[–] xenoclast@lemmy.world 18 points 2 months ago

Greed is the fundamental flaw that makes humanity awful.

[–] logos@sh.itjust.works 6 points 1 month ago (2 children)

Why would they own equity in a non-profit?

[–] PugJesus@lemmy.world 4 points 1 month ago

Because this was always the plan.

In theory there would be no profits to distribute, but there would be control of direction via voting rights.