Conflict of Interest

Layoffs and Stock Buybacks aka “Greed”


Listen Later

What is with the spasm of corporate layoffs. It is happening everywhere from John Deere to Facebook. And those layoffs often come with buybacks of stock by the company followed by an uptick in the stock price. What’s going on?  Author and labor activist Les Leopold explains the growing corporate strategy of layoffs and stock buybacks to juice the stock price and pad their wallets with bonuses. Why does this happen? Why do we allow it? And what should we do about it?


Les's book, Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do, available now.

...more
View all episodesView all episodes
Download on the App Store

Conflict of InterestBy Kevin Ellis

  • 3.8
  • 3.8
  • 3.8
  • 3.8
  • 3.8

3.8

10 ratings


More shows like Conflict of Interest

View all
This American Life by This American Life

This American Life

90,779 Listeners

Fresh Air by NPR

Fresh Air

38,115 Listeners

Rumble Strip by Erica Heilman / Rumble Strip, Erica Heilman

Rumble Strip

1,139 Listeners

Pivot by New York Magazine

Pivot

8,805 Listeners

The Daily by The New York Times

The Daily

111,487 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

15,283 Listeners

The Weekly Show with Jon Stewart by Comedy Central

The Weekly Show with Jon Stewart

10,172 Listeners

The JFK Facts Podcast by Co-hosted by Jefferson Morley & Larry Schnapf

The JFK Facts Podcast

24 Listeners