this post was submitted on 06 Jun 2023
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[–] articpiecitylights@lemmy.ml 28 points 1 year ago* (last edited 1 year ago) (2 children)

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

[–] redditrefugee@lemmy.one 9 points 1 year ago (2 children)

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.

[–] articpiecitylights@lemmy.ml 6 points 1 year ago

That would be pretty fantastic, wouldn't it? I'm not sure what that would look like in practice, but I'm 100% with you. Reddit has been a pretty central part of my life for the past 15 years or so. It's really sad to say goodbye - it feels like the family dog got bit by a zombie (or, more realistically, got rabies). You've gotta put it down because the version of it that you know and love is already dead.

[–] fomo_erotic@lemmy.ml 2 points 1 year ago

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.

[–] amir_s89@lemmy.ml 1 points 1 year ago

_Ever considered making & delivering quality products? Where there is an high demand of? Then money will just roll in...