Decades of feminist scholarship documents the persistence of gender inequality in work organizations. Yet few studies explicitly examine gender inequality in collectivist organizations like worker cooperatives. This article draws on the “theory of gendered organizations” to consider how gender operates in a worker‐recovered cooperative in contemporary Argentina. Based on ethnographic and archival research in Hotel B.A.U.E.N., this article finds that although gender remains a salient feature of the workplace, the cooperative has also adopted policies that take steps toward addressing gender inequality. It concludes by offering an updated theoretical framework for the future study of “gendered organizations.”