this post was submitted on 22 Apr 2024
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Pharmaceutical giant Bayer is getting rid of bosses and asking staff to 'self-organize' to save $2.15 billion (web.archive.org)
submitted 8 months ago by geese_feces@hexbear.net to c/labour@hexbear.net
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In a bid to claw back $2.15 billion, the struggling pharmaceutical giant Bayer CEO is doing away with middle managers and 99% of the company’s 1,362-page corporate handbook, allowing nearly 100,000 employees to self-manage.

the company is going boss-less, or as he calls it, moving to “dynamic shared ownership.”

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[–] ImmortanStalin@lemmygrad.ml 14 points 8 months ago

On the flip side this can better entrench and defend capital in the long term. You create organized labor aristocrats that will fight and die against burgeoning socialist movements as they sprout up. This was a tactic used against the Sandinistas, and why you get sound bites of Reagan sounding pro labor.