In a bid to claw back $2.15 billion, the struggling pharmaceutical giant Bayer CEO is doing away with middle managers and 99% of the company’s 1,362-page corporate handbook, allowing nearly 100,000 employees to self-manage.
the company is going boss-less, or as he calls it, moving to “dynamic shared ownership.”
Yo what the fuck? That sounds like a great idea? What's the deal??!
The workers self-organize into effective working teams but do they control political lobbying? Define profit sharing agreements? Can they reduce their working hours? Can they argue against "fiduciary duty" bullshit of stock owners > all.