I mean, this totally fits the pattern of enshittification and the extraction of all actual value to maximize shareholder returns. Cut costs, make the product shitter, spend less money and claim losses to minimize taxes so that you can MAKE BANK BRO
this post was submitted on 06 Jun 2023
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It's times like this where I wish "stakeholders" had a say in the matter besides just the shareholders. I know it isn't my company and they can do what they want, but it's hard to just sit here watching it commit corporate suicide. It's gone way downhill since I joined in 2008 but still.
It’s times like this where I wish “stakeholders” had a say in the matter besides just the shareholders. I know it isn’t my company and they can do what they want, but it’s hard to just sit here watching it commit corporate suicide. It’s gone way downhill since I joined in 2008 but still.
I mean, reddit users paid for servers basically out of pocket for almost a decade. The levels of corporate greed and lack of shame are simply baffling.
If you had asked me how many employees Reddit has, I definitely would have guessed a number between 30 and 60 total. What on Earth do all of these people do??
60 is way too low for the scale they have.