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submitted 1 week ago by Niquarl@lemmy.ml to c/opensource@lemmy.ml

Let's immediately acknowledge that the title is lighthearted, and that "communist company" is an oxymoron. The better choice would've been, "which is the most worker-owned, egalitarian, power-structures-free cooperative?", which SEO experts told me was too long of a title. With that said, let me tell you about Igalia and other tech cooperatives

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[-] yogthos@lemmy.ml 16 points 1 week ago

Indeed they do

Ownership

Huawei Investment & Holding Co., Ltd. is a private company wholly owned by 151,796 of its employees and retired beneficiaries, as of December 31, 2023. Mr. Ren’s investment accounts for nearly 0.73% of the company’s total share capital.

https://www.huawei.com/en/media-center/company-facts

[-] suoko@preferred.social 1 points 6 days ago

After Elon will be arrested because of illegal procedures applied in case of injured people in Tesla's factory in Berlin, Tesla will follow a similar management structure ⚖️

[-] Niquarl@lemmy.ml 3 points 1 week ago

So this Mr Ren is the founder? How did they get to that? They've got a lot less employee owners than total employees?

[-] yogthos@lemmy.ml 13 points 1 week ago

Mr Ren is the founder, and the company was started as a cooperative as I recall. The total size of the company is 207,000 people, but typically people have to work at a company for a bit before becoming part of the cooperative. Hence why there non owner members.

https://www.huawei.com/en/corporate-information

[-] suoko@preferred.social 8 points 6 days ago* (last edited 6 days ago)

And this is why the US (and now the EU) boycotted Huawei so much. It mines they're society structure where sons of business men will replace their friends sons. They attend super expensive schools to learn how to manage expensive companies which do not differ that much in complexity compared to less expensive companies.

It's basically almost all fake. And Huawei demonstrated that that structure can be humiliated in less than a decade.

Deepseek did it again Xiaomi with its devices and vehicles too

[-] yogthos@lemmy.ml 6 points 6 days ago

Yeah, Huawei demonstrates that worker ownership works at scale and that a worker owned company is just as efficient and competitive as the best oligarch funded companies. It's a threat of a good example.

this post was submitted on 25 Mar 2025
130 points (93.9% liked)

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