this post was submitted on 24 Aug 2024
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[–] Diplomjodler3@lemmy.world 41 points 11 months ago (3 children)

But think of all the shareholder value they created!

[–] Pistcow@lemm.ee 25 points 11 months ago (3 children)

Stock lost 60% of its value with the last CEO.

[–] Diplomjodler3@lemmy.world 26 points 11 months ago

That's the final phase of the looting where the suckers are left to hold the bag. The vultures will have moved on long before.

[–] intensely_human@lemm.ee 1 points 11 months ago

All classes of stock?

[–] burble@lemmy.dbzer0.com 6 points 11 months ago

...and then destroyed. Too bad most of the vultures who gutted the company are long gone.

[–] cyborganism@lemmy.ca 2 points 11 months ago

It's quite the opposite actually.