Unions are constantly being bought out and low balled by major corporations and pay their employees unfair wages. A 2011 study from researchers at the University of Chicago, Harvard, and the U.S. Census Bureau examined what happened to workers at 3,200 companies targeted in private equity acquisitions between 1980 and 2005. Although companies fired more workers in the years after a buyout compared to competitors in their industry, they also tended to hire more new workers.
The companies were also more likely to buy divisions or sell new ones. As a result of this, companies involved in a private equity deal saw much more turnover as the academics put it, but only a net decrease in employment of about 1% compared to other businesses.