> If the employees have the power then decisions that are good for company but bad for the employees won't be made.
"The company" is a fiction. Real parties are, e.g., employees, capital owners, suppliers, and customers (and, to the extent that any of those are corporations or similar convenient fictions, the same kinds of groups with respect to those entities.)
With a pure labor coop (which an SCOP isn't quite, put similar enough that it works as an approximation for discussing general traits), "capital owners" and "employees" are the same group, rather than different groups whose interests are frequently adversarial.
> Let's say that the company can't compete so the CEO proposes to automate production and lay off 50%+ of the employees, do you think employees will vote in favour?
Quite possibly, though because of this exact issue (and generally the need to buy out ownership shares of terminated employees), labor coops are less likely to go on hiring binges that force them to rapidly and massively downsize to survive when the conditions that drove the binge change.
"The company" is a fiction. Real parties are, e.g., employees, capital owners, suppliers, and customers (and, to the extent that any of those are corporations or similar convenient fictions, the same kinds of groups with respect to those entities.)
With a pure labor coop (which an SCOP isn't quite, put similar enough that it works as an approximation for discussing general traits), "capital owners" and "employees" are the same group, rather than different groups whose interests are frequently adversarial.
> Let's say that the company can't compete so the CEO proposes to automate production and lay off 50%+ of the employees, do you think employees will vote in favour?
Quite possibly, though because of this exact issue (and generally the need to buy out ownership shares of terminated employees), labor coops are less likely to go on hiring binges that force them to rapidly and massively downsize to survive when the conditions that drove the binge change.