Ralph Nader has a message for Tim Cook: Stop listening to Carl Icahn.
In a scathing letter to Cook published in today’s Wall Street Journal, the former presidential candidate takes Apple’s CEO to task for bending to the will of billionaire investor Icahn and issuing more stock buybacks, rather than listening to its workers and addressing the horrendous working conditions at its factories in China.
Nader’s letter proposes Foxconn workers’ hours be cut to 40 a week and their pay doubled, which would only cost Apple an extra $5.4 billion annually.