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Notes -
Very few of the employees would have seen it like that. The thought process is roughly as follows:
A lot of the time in vocational jobs like newspapers, publishing, research etc., the boss feels like just another irritating stakeholder that you have to satisfy. At worst, a wrecker that you have to sabotage. I imagine that goes double for a legacy, non-founder company.
To put it another way, the LA Times isn’t their employer’s business. He’s just paying for it, often with other people’s money. The employees are the ones who build it and sustain it, so by rights it belongs to them. The owner is really just a sponsor.
That doesn’t mean you can get away with anything you like - the law and the board have the whip hand - but the idea that you owe fealty to whichever bozo bought the paper wouldn’t compute at all.
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