CaliforniaConverted to Employee OwnershipProject EquitySpotlight

A Slice of New York, San Jose CA

At a glance

Location: San Jose, CA
Industry: Restaurant
Number of employees: 33
Conversion date: 2017

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Summary

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.

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A Slice of New York: Employee Ownership Transition from Alison Lingane on Vimeo.

 

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