Yeah I guess the execs are a little different, but my point is that the same thing would happen to any white collar employee (lose all their shares, etc).
White collar workers can unionize if they want to.
This had nothing to do with that. There was a clause (presumably) in his agreements that triggered this. He signed it and most likely also had something to do with it's creation. Don't sign what you don't like. Many employment options as a white collar worker.
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This is an example why white collar workers need to figure out a way to unionize. Going to keep getting worse.
The CEO would be in the union? Sounds like he just needed better lawyers to write his agreements.
Yeah I guess the execs are a little different, but my point is that the same thing would happen to any white collar employee (lose all their shares, etc).
White collar workers can unionize if they want to.
This had nothing to do with that. There was a clause (presumably) in his agreements that triggered this. He signed it and most likely also had something to do with it's creation. Don't sign what you don't like. Many employment options as a white collar worker.
Obviously they could unionize, it's just difficult to organize and get started.
I don't know the conditions around the CEO's contract or the amount of say he had in the terms so I won't speculate.