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workers' cooperative

noun

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

Ag Biome is one of an array of modern companies and organizations that have experimented with or embraced a flat, or nonhierarchical, corporate structure; other examples include Suma, a wholesale company and workers’ cooperative, and the video game studio Valve.

I guess it's a workers' cooperative, where people write poetry in the evenings.

From Salon

On Monday, Thorn — who has co-owned Maximum Fun with his wife since it was incorporated 2011 — announced his company would become a workers cooperative, a novel business model in the podcast industry, but one that has been tried by many small businesses including bakeries and pizza places.

Today the cloth maker employs just 18 workers, and owns the factory’s machines, though not the premises, which went into the hands of liquidators after the workers’ cooperative that ran the mill went bankrupt in 2011.

The workers’ cooperative banned alcohol and coffee and provided three organic vegetarian meals a day to guests, who often bathed in the buff in the outdoor pools.

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