the merger of SpaceX with xAI is an example

There is an idea that sounds almost radical in 2026, but that has actually been operating for decades in several European countries or in the form of internal experiments in companies: that workers have a real seat on the boards of directors of the companies where they work. The debate has returned to the front line due to a proposal from Yolanda Díaz, third vice president and Minister of Labor, based on the report of the International Commission of High Level Experts “On Democracy at Work”. Curiously, one of the best metaphors to understand what this report proposes is not in a factory or an SME: it is in the upcoming merger of the Elon Musk’s business universe. Díaz’s proposal. The Ministry of Labor presented a report which proposes two major changes in the relationship between companies and workers: giving workers more voice in the strategic decisions of companies and facilitating access to company property. The underlying idea is simple and has been applied for some time in certain managerial ranks and industries, in which part of the remuneration is in the form of shares or participations in the company itself. The report suggests that, if a workforce is an essential part of a company, their participation should not be limited to negotiating salaries or schedules, but rather to be an active part of its management. For this reason, it proposes introducing more worker representation on boards of directors. Not as a symbolic gesture, but with real weight. The proposal is staggered: in medium and large companies (50 to 1,000 employees), a portion of the board seats would be reserved for staff representatives, with percentages that would grow depending on size. Furthermore, the report states that companies should make it easier for employees have a part of the capitalwith formulas that can range from participation plans based on shares, to more structured models in the form of trusts or funds. SpaceX: employees who are “owners”, but without a voice. In Silicon Valley, and especially in startups, it is very common for companies pay part of salary in sharesoptions or units that are consolidated over time or based on objectives. This means that thousands of workers end up being, de facto, partial owners of the company they work for. However, and here the shock appears, these workers/owners do not have a voice in the decisions made by the company, leaving so much your workplace as your propertyin the hands of third parties. In a merger as decisive as the one that has been proposed between SpaceX and xAI (or in any similar operation in the Musk ecosystem as the one that occurred before between X and xAI), employees find out about these decisions after the fact, through internal channels and without leaving room to maneuver. Europe has been doing it for years. One of the keys to the report is that it does not propose an isolated occurrence, but rather an adaptation of models that already exist and on which research has been done. The best known case is Germany, where the co-management model It has been integrating worker representatives into supervisory or administrative bodies in large companies for decades. Also has been tested in Norway in a law implemented in 2020, or with the Rebsamen law of 2015 in France. These previous studies have shown that the participation of workers in company decision-making improves labor relations, greater investment in training and long-term productivity, although the effects may vary depending on the sectoral context and institutional design. The report insists that Spain is behind in this area and recalls that the article 129.2 of the Spanish Constitution It already marks the obligation to promote the participation of workers in the company. The proposal, therefore, is presented as a way to ground that mandate in a modern model that improves labor relations. It is a paradigm shift in Spain. The great value of the Ministry of Labor’s approach is that it unites two concepts that normally go separately: labor participation and ownership. Although this remuneration formula that motivates workers to improve your performance and thus improve your personal capital, is not something common in Spain. However, giving workers a greater presence would also give the workforce power to influence on key decisions such as relocations or restructuring that lead to closure “preventing viable companies from being liquidated or sold to predatory investment funds,” the minister said. In Xataka | Elon Musk’s fortune has reached an unprecedented $600 billion. And it’s not thanks to Tesla Image | Flickr (The Left, World Economic Forum)

Honda and Nissan have broken negotiations for their merger. Now another buyer appears on the horizon: the iPhone manufacturer

Both companies believe that the most appropriate is to cease negotiations With these words, Honda and Nissan have confirmed that they have not reached an agreement and that, therefore, they put an end to their negotiations to add forces. What in March 2024 was exposed as a collaboration agreementat the end of the year was taking fusion form. Until, finally, there were clear that Honda would buy an important part of Nissan. Although there has been talk of Japanese government pressures to force the merger between both companies and try to get Nissan out of a financial hole that points to 9,000 layoffsthe truth is that Honda does not seem completely willing to merge from equal to equal. In recent days, the clearest option seemed to buy Honda of the totality or an important part of Nissan for turn it into a kind of subsidiarysomething that has ended up breaking negotiations. Nissan is now in a complicated situation but has preferred to maintain some independence in its future development. At the moment, it has to face the thousands of dismissals mentioned above but that will be nothing more than the confirmation that the company will fulfill its reduction in production by 20%. They are demanding but mandatory measures now that the profits of profits for the fiscal year that ends soon in Japan 70% have been adjusted compared to the original forecasts. At the moment, companies have announced that they are still open to collaborations for the development of potential future products although there is nothing written about this. Both companies face a future challenge with the electric car. Beyond Japan, the United States aims to be its strongest market but Nissan has fallen hard in the countrywhile putting Great efforts to jump into the electric car in the medium term. In Europe, where the road to the electric car has been paving from the political spheres, Nor has he received the expected support. To all of the above you have to add a context that has further complicated things. In Europe the idea begins to slide They will delay pressure measures to manufacturers to jump into the electric car. In the United States, Donald Trump is determined to end the promotion of this technology that Joe Biden had promoted with large tax incentives. Steel and aluminum tariffs They can be the icing to make the product more expensive and hinder its economic viability. In all this jaleo, a new player appears on the horizon. Foxconn and the car, the eternal desired Since the economic difficulties that Nissan is going through, Foxconn has been seen, he would see that he would be interested in buying an important part of the company and starting to manufacture its vehicles. The Taiwanese company is known for the production of iPhone But he has long since assured that his experience producing all kinds of technological devices may be sufficient to produce your own vehicles. Intentions are clear for years: produce platforms with all the integrated hardware necessary to make each manufacturer contributing its distinctive point with the software. To assert its position, Foxconn has been insisting that this way of working is perfect for launching electric cars at a low price. In December 2022Liu Young-Way, his CEO, said that the company’s strategy went to reach between 40 and 50% of world car production. The first milestone was marked by 2025 when they aspired to produce 5% world vehicles. Obviously, this will not happen but aware of the difficulties Nissan has, Foxconn has been interested in at least, with the shareholding that Renault keeps in the Japanese company as a consequence of the alliance, Woven under the mandate of Carlos Ghosnand its subsequent agreements that have been diluting participation of the French. With the negotiations between Honda and Nissan, foxconn again gained strength after Nissan will confirm last week which was open to new collaborations, including that of the Taiwanese company. Since then, the Rumors They have been taking strength although their managers have been elusive. In his last statements, Foxconn has made it clear that his true intention with Nissan would be framed within a collaboration and not of the purchase from your shareholders. These statements, of course, came before the publication of the cessation of negotiations between Honda and Nissan. Photo | Sling In Xataka | Nissan pointed to the electric car as a future plan. It will fire 9,000 employees and prove Toyota

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