Yasmin Fahimi, chairwoman of the German Trade Union Confederation (DGB), warned against a return to “neoliberal market policies,” saying many companies were seeking to make workers pay for management’s mistakes through wage cuts or job losses
Yasmin Fahimi, chairwoman of the German Trade Union Confederation (DGB), warned against a return to “neoliberal market policies,” saying many companies were seeking to make workers pay for management’s mistakes through wage cuts or job losses
Workers always pay for management’s mistakes, that’s why they are the workers.
Management can do no wrong, they always get paid first.
Management gets fired all the time. At least upper management at large companies. Lower and middle management are basically just well paid workers. Only upper management of really large companies actually get insane wages for what they do. However compared to the owners of those companies those wages are jokes. For example Zipse the CEO of BMW got 8.2million€, but Susanne Klatten one of the owners got 518million€ in dividends.
Manager is just a shit title.
Management in corporate speak means executive leadership and they always get paid upfront.
Owners is a whole different discussion.