Tech Firms Oppose Union Organizing

cedarhillbilly passes along a piece from TheHill.com on the chilly reception that tech firms and lobbying groups are giving to a bill promoting union formation, which has a chance of passing in a more strongly Democratic congress and with a Democratic president. "Up to now, large tech groups have been on the sidelines in what is likely to be one of the roughest fights in Congress next year. A few, however, are preparing to weigh in. That makes other tech lobbyists nervous that, by doing so, the industry could sacrifice relatively good relationships with Democrats and, therefore, jeopardize some of their other legislative priorities."

Comments

Re:heh

[techprophet]

I think you made a typo. Here let me fix it:

Precisely. Unions have a long term interest in the money, the executives often have a mid term interest in the money.

For those of you who don't know, when the price of stocks you own goes up, you don't make money. You don't make any money on said stocks until you sell them. Which is why execs have interest in them: stock price |^| == money |^|