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Re:Red Lobster was killed by private equity, not Endless Shrimp by johngladtj on Sunday May 26, 2024 @05:40AM (#40480829)
Employees have a contractual claim, one that is above shareholders and most other creditors, nothing more nothing less.

By all accounts they are being made whole, and can go off and get another job.

Employees have no more of a right to sell their labor to red lobster than any other of their suppliers has a right to sell their products.

Ultimately a company exists, and should exist, solely for it's shareholders. Anything else leads to waste, grift and mismanagement.

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