this post was submitted on 19 Oct 2023
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[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