this post was submitted on 10 Jun 2025
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[โ€“] 10001110101@lemm.ee 20 points 4 days ago (1 children)

They work for the shareholders, not the customers. For most publicly traded companies, the stock is completely detached from fundamentals, so they just do whatever the large investors like (often just hype the new hottest thing; such as marketplaces or "increasing efficiency" with layoffs), regardless if its good for the "real" business or not.

[โ€“] Pollo_Jack@lemmy.world 2 points 3 days ago

How boeing lost 11.9 Billion in one year, and then 11.8 billion a few years later. Is there anything people that have a lot of money can't do? Yeah, stay in their fucking lane.