Comment by mfuzzey
6 months ago
Well the initial financial problems were under a traditional profit driven scheme. Almost certainy they wouldn't have got the donations they are getting today if they had remained in that model so the employee-owned scheme is at least somewhat better. It is also likely that, in addiiton to donations, they are getting extra sales by being employee-owened, at least in France.
Ultimately though it's probably the whole market theey are in (relatively cheap household goods) that is difficult for a company based in a rich country, whatever their ownership model.
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