A pro-worker experiment in private equity
8 April - 25 mins
Podcast Series
Planet Money
Live event info and tickets here.
If your company got bought by a private equity firm, how would you feel? Maybe a little nervous? You might find yourself wondering if there will be layoffs.
And you’d be right to worry about that. Research shows that while private equity ownership can boost a company’s productivity, it does generally result in job cuts.
But one private equity executive is trying to do things a different way – giving workers equity, little cuts of ownership in their own companies. To see if doing so can improve outcomes overall.
On today’s show, private equity is not widely beloved for its societal costs – job losses, product degradation, worsening inequality. And this...
Series Episodes
