this post was submitted on 05 Aug 2024
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chapotraphouse

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[–] SacredExcrement@hexbear.net 42 points 11 months ago* (last edited 11 months ago) (3 children)

Turns out that continually running lean for years, designing products worse than your competitors, releasing lots of literally damaged product and refusing to recall it, then announcing massive layoffs, cost cutting measures, and removing dividends is a REALLY good way to anger literally everyone, nuke your stock, and possibly your company

I've never seen a large tech company with such a long standing and established rep go out of it's way to self immolate like this

[–] AnarchoSnowPlow@midwest.social 26 points 11 months ago

Unfettered continual growth is cancer behavior. It's gotta eat something. Sometimes it'll get a big fish.

[–] BeamBrain@hexbear.net 15 points 11 months ago

Falling rate of profit gonna fall.

[–] ShinkanTrain@lemmy.ml 12 points 11 months ago* (last edited 11 months ago) (1 children)

This wasn't meant as a reply, I'm dumb