Yes I think so, because the people running the company have no interest in listening to the positions of the workers, especially if it makes them less money.

When the people working in the company have a democratic vote, they at least have a choice and don't have big mistakes dictated from upon high.

At least then, the workers can agree they all made a shitty mistake together. It doesn't mean workers are infallible. All humans are fallible. All humans make mistakes. The difference is the power dynamic, nothing else.