The once-trendy, San Francisco-born coffeeshop chain Philz Coffee has struck a deal to be sold off to a private equity firm for $145 million, but any employees who bought stock are getting the shaft, as they won’t see a penny of that money.
    • WhatAmLemmy@lemmy.worldEnglish
      29·
      18 days ago

      The only reason this is possible is because we live in corporate dictatorships masquerading as “democracies”.

      Everyone knows this is criminal. The criminals, and everyone who enables their crimes, don’t give a fuck.