this post was submitted on 19 Oct 2023
231 points (97.1% liked)

Technology

59578 readers
3331 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Hexagon@feddit.it 98 points 1 year ago (4 children)

I believe these actions will make us stronger and deliver significant value for our shareholders

Yeah, fuck people, it's all about the shareholders

[โ€“] Machindo@lemmy.ml 11 points 1 year ago

I thought that quote satire. Nope it's real. JFC. ๐Ÿ˜ฉ

[โ€“] synceDD@lemmy.world 3 points 1 year ago

Are you trying to tell us you care for your ceo and you expect the same from him? Lmfao

[โ€“] SlikPikker@lemmy.ca 1 points 1 year ago

Legally, they aren't even allowed to care.

They have a duty to maximize profits.

[โ€“] Squizzy@lemmy.world 0 points 1 year ago

What's the alternative though, hire as many people as possible and fail?

If you are losing market share and profits then something needs to change, if you can cut costs of that. It's a ridiculously big number and incredibly unfortunate but it's unrealistic to think it'd be anything else