Hotel buy a chance for billionaires to do good
I wonder what the workplace ethos will be in the luxury Four Seasons Hotel Inc. being taken private by a group led by Bill Gates and Saudi Prince Alwaleed bin Talal (“Gates, prince in deal for Four Seasons,” Feb. 13).
Owned by billionaires, frequented by the well-heeled, the Four Seasons could be a model of corporate social responsibility in its daily practices.
Think of it: living wages for all hotel employees, on-site child care, paid health insurance coverage, matching savings plans, stock options and so on.
Gates and Prince Alwaleed could make a real social contribution by investing corporate profit back into the daily lives of their new employees.
Carolyn L. Baker
Los Angeles
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
