At a glance
Location: San Jose, CA
Number of employees: 33
Conversion date: 2017
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A Slice of New York is a 33-employee worker cooperative consisting of two retail pizzerias in San Jose, CA. The owners began preparing to exit the business after 10 years but felt a strong loyalty to their employees. They had seen the positive incentives of broadly held stock in previous tech industry jobs and embraced practices that shared surpluses with workers, culminating in the business sale.
The transition to worker ownership took over a year. The selling owners have joined the cooperative as members and are also advocates of the path for other businesses in the region.
- Project Equity – A Slice of New York
- San Francisco Chronicle – Employee ownership may help businesses stay open as Boomers retire
- Project Equity – A Slice of New York: Employee Ownership Transition (video)
- San Jose Inside – South Bay Pizzeria Slices Up Its Ownership, Cuts Employees In
- KPIX – San Jose Pizza Shop Deals Employees a Slice of the Action (video)
- SV411 – A Slice of New York’s Co-Op Plan (audio)