Les Leopold is the executive director of the Labor Institute and author of the new book, “Wall Street’s War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It.' (2024). Read more of his work on his substack here.
Dear Brother Fain,It’s time for a new organization to protect working people from the plague of mass layoffs . Let’s call it, for now, Workers United Against Mass Layoffs . Given the United Autoworkers’ growing prestige, this seems like the ideal moment for the union to lead the fight against needless mass layoffs everywhere and for everyone. The United Autoworkers know all about mass layoffs .
All the more reason for the UAW to empower unorganized layoff victims to fight back against Wall Street’s willful destruction of their jobs. What if the UAW used its well-honed technical and political skills to create a new organization that intervened in these layoffs?Imagine a small but nimble organization that: Investigates the origins of the layoffs and exposes the role that stock buybacks and private equity/hedge fund machinations play.
Labor Shawn Fain Stock Buybacks Uaw Wall Street Workers Workers Rights Mass Layoffs
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