Ah, thanks. I missed that. I guess I need to update my “all these brands are really all owned by XYZ” chart again.
Be the content you want to see on Lemmy.
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Cake day: June 20th, 2023
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I don’t usually want to open LinkedIn at all. I wonder if they paid MS for the shortcut?
To borrow some investor speak: “Past performance is no guarantee of future results.” However in this case, it absolutely does. The drive to squeeze even one more drop of blood is relentless and in many cases it’s required. Boards must do what’s best for the company or they risk lawsuits from shareholders. They cannot deviate from a maximum-extraction plan (either profits or market share) without very good reasons. Each one of those companies has to do better year over year, or explain to the board/shareholders/media/etc why they did not.
How they get those profits up can be cutting pay, “restructuring” (layoffs), optimization, price increases, cheaper supply, better methods, etc. Most of this list will be the same next year and the numbers will be higher. Hate the game.
Depending on the opponent that’s all I need to hear.