Cornell University

Workers Challenging Private Equity to Create Good Jobs

Thursday, October 21, 2021 at 12:00pm

Virtual Event

The Private Equity Stakeholder Project and the Cornell ILR Worker Institute invite you to an online forum on Thursday, October 21 from 1-2:30 p.m. ET. At this online forum you will hear from workers employed by private equity-owned companies how they are standing up and fighting for good jobs.

The largest number of workers employed by private equity-owned companies are in industries where employers often pay low wages: at least 1.5 million workers in food service, 1.1 million workers in retail, and almost 1 million in security and healthcare.

Private equity takeovers often result in significant job losses and decreases in average worker wages at the companies they buy. For example, private equity-owned retail companies have laid off hundreds of thousands of workers due to store closures and bankruptcies.

Subscribe
Google Calendar iCal Outlook

Recent Activity

You're not going yet!

This event requires registration.