So-Called “Job Creator” CEO Worth Billions Slashes Jobs for “Financial Reasons”

Last week, workers at two popular New York City news sites, DNAInfo and Gothamist, voted to unionize. This week, CEO Joe Ricketts announced he was shutting down both platforms due to financial reasons.

As much as Joe likes to make it seem as if this was merely a decision about poor profits, a far more sinister picture can be seen as the workers faced pushback from upper management while they were attempting to organize. They were told unionizing might be “the final straw that caused the business to close.” Joe himself even wrote, “As long as it’s my money that’s paying for everything, I intend to be the one making the decisions about the direction of the business.”

Joe, a Trump supporter whose net worth is $2.1 billion, is supposed to be one of those “job creators” Republicans like to put on a pedestal. Yet he is doing the exact opposite by getting rid of 115 hard-working employees whose work is beloved by New York neighborhoods. Worse, he very likely did it as punishment.

Gothamist was also one of the first sites to cover #AuditTheVote and to write about the Russian hacking of the election after Trump won.

The Writers Guild of America East, who those workers voted to join, is vowing to do everything they can for their would-have-been members.

″It is no secret that threats were made to these workers during the organizing drive,” the union said in a statement Thursday. “The Guild will be looking at all of our potential areas of recourse and we will aggressively pursue our new members’ rights.”

***

Posted In: Union Matters

Union Matters

An Invitation to Sunny Miami. What Could Be Bad?

Sam Pizzigati

Sam Pizzigati Editor, Too Much online magazine

If a billionaire “invites” you somewhere, you’d better go. Or be prepared to suffer the consequences. This past May, hedge fund kingpin Carl Icahn announced in a letter to his New York-based staff of about 50 that he would be moving his business operations to Florida. But the 83-year-old Icahn assured his staffers they had no reason to worry: “My employees have always been very important to the company, so I’d like to invite you all to join me in Miami.” Those who go south, his letter added, would get a $50,000 relocation benefit “once you have established your permanent residence in Florida.” Those who stay put, the letter continued, can file for state unemployment benefits, a $450 weekly maximum that “you can receive for a total of 26 weeks.” What about severance from Icahn Enterprises? The New York Post reported last week that the two dozen employees who have chosen not to uproot their families and follow Icahn to Florida “will be let go without any severance” when the billionaire shutters his New York offices this coming March. Bloomberg currently puts Carl Icahn’s net worth at $20.5 billion.

***

More ...

Health Care Should Not Be A Bargaining Weapon

Health Care Should Not Be A Bargaining Weapon