American corporate speak and institutions all do this.

There are major disadvantages to our model where senior management is selected solely on a Board's assessment of stock prices and shareholder dividends. Something that should matter immensely, namely worker conditions and feedback, matters not a fig in Board meetings.

It's a weird system we made to dominate our economic lives in the 'free world'.

The capture of most businesses by Capital over Labor has hit morale and objectively harmed worker conditions in a host of industries. This is why labor unions, socialist parties, and worker coops arose in the first place. I will restate my prior point. Work conditions and employee well-being don't matter at Board meetings unless labor unrest or push back makes them pay attention.

These workers are lucky they have one institutional lever to push back against a flawed system.