this post was submitted on 29 Jan 2024
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That's not how it works. Making money today is the only thing these ghouls care about, ruining a company or brand is just dandy because they won't be holding the bag when it bursts. They'll have passed it to someone else. Someone else who will then work to gut the company even more before selling it to someone who will gut it and close it down.
And nothing of real value will have been made, but lots of rich asshats will be slightly richer.
Well they aren't making money now for sure.
Cutting costs and laying people off makes the books look slightly better (more cash on hand) which makes the stock price jump, which is all these ghouls want because they're going to sell off on the high, and then bail out.