The title doesn’t make sense when they literally explain just a very normal workers coop at the end of the article:
“Shares of this virtual stock let employees share in the company’s financial success (and its losses). And they entitle their holders to elect members to Huawei’s Representatives’ Commission, which in turn elects members of the board of directors.”
was it distributed evenly?
(also: 77bn / 140k would be 55k per employee, so the total bonus and/or or the number of employees was probably rounded down)
Not sure how the payout structure works in their coop.
Wow. I didn’t know Huawei was a coop so I made some research and it’s actually pretty cool.
Also found the stupidest NYT article of all time Who Owns Huawei? The Company Tried to Explain. It Got Complicated. .
The title doesn’t make sense when they literally explain just a very normal workers coop at the end of the article:
“Shares of this virtual stock let employees share in the company’s financial success (and its losses). And they entitle their holders to elect members to Huawei’s Representatives’ Commission, which in turn elects members of the board of directors.”