this post was submitted on 20 Aug 2025
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the myth of the good tech giant (analognowhere.com)
submitted 1 week ago by not_IO@lemmy.blahaj.zone to c/programmer_humor@programming.dev
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https://analognowhere.com/_/oumuti/

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[–] sturger@sh.itjust.works 5 points 1 week ago (1 children)

They’re failing because they hired a string of accountants as CEOs. Undoubtedly they conceded to Wall St pressure to sacrifice research and engineering funding to goose short-term profits. 4 of those and there’s no recovery from that nose dive.
Tomato tomato.

[–] pressanykeynow@lemmy.world 1 points 6 days ago

Undoubtedly they conceded to Wall St pressure to sacrifice research and engineering funding to goose short-term profits

That's an interesting statement. So let's go like 15 years ago. What short-term profits were they pursuing? And how can you call them short-term when those profits lasted for so long?