Cook will remain at Apple as the executive chairman of the company's board of directors. In this new role, Apple said Cook will assist with "certain aspects" of the company, including "engaging with policymakers around the world."
Pretty sure a lot of of these Apple employees own stock in the company. Perhaps they should remember to cast their vote when it comes time for board elections.
I can guarantee they do. They give stock options to every employee after a few years, including retail employees.
Unfortunately, as you can imagine, it is so little stock that it is effectively meaningless as far as having any sway over the direction of the company.
A protest vote is never meaningless. Sure, they probably don’t own enough stock to kick these people out — but that rising number on the vote tally sends an interesting message.
There was a time when smart people at Apple went off to form new ventures and bring talent with them — companies like Nest and General Magic for example. You don’t see much of that anymore. I do wonder if missteps like this will inspire employees to do this sort of thing again.
Still, Apple's leadership and most of its rank-and-file are described as "resigned" to these kinds of concessions under Trump's second term, understanding "that Trump will f--- with the company if the company doesn't do what he wants," the person said.
If we enforced antitrust laws and broke Apple and Google into a dozen companies each, then a lot more would have to cave for the same result.
When we don't enforce anti-trust laws, the biggest will always suck up to whoever is in office to further de-regulate and approve mergers they shouldn't.
But it's an insanely easy fix, and were only 2.5 years away from it if everything shakes out
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