Companies aren't run to earn profit based on goods and services generated anymore. They are investment vehicles for wealthy VC to use and abuse until they run them into the ground while they jump to the next disposable company. Someday this will result in no effective company existing anymore, but the investors don't care.

If governments were actually functioning they'd recognize this danger and crack down on this behavior because it weakens the country as a whole, but most of the politicians are already bought and paid for.