this post was submitted on 04 May 2025
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Trippin' Through Time

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Tripping' Through Time

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[–] MonkderVierte@lemmy.ml 5 points 1 month ago* (last edited 1 month ago)

The outside-hires-CEO model is what led to "locusts" imo: CEOs that prioritize short-term profit (usually layoffs) no matter the long-term costs, so their golden parachute gets bigger, and then moves on.