Welch Allyn makes the case for worker-owned cooperatives

Many Owners = Much Accountability. Beyond whether or not Welch Allyn will continue to employ here in Central New York, they have given up their accountability to the region, by giving up ownership to an out-of-town corporation. The business no longer has those familial ties to its neighbors.

Equitable Ownership = Much Resilience. In harsh economic climates such as today, worker cooperatives only need to reach break-even points that provide for the workers salaries, and not need to make an extended profit for non-owner investors.

Read the full article at syracuse.com

Go to the GEO front page