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...

[–] G59@lemmy.ml 15 points 1 year ago (1 children)

Uh oh... if any of those employees are part of the voice to maintain old.reddit then it looks like old.reddit won't last much longer now.

[–] fluffman86@lemmy.ml 5 points 1 year ago (1 children)

And as much as I hate the new reddit theme, Lemmy is about as bad. I love the density of old.reddit and RiF.

[–] ParkingPsychology@kbin.social 3 points 1 year ago (1 children)
[–] EnglishMobster@kbin.social 2 points 1 year ago

+1 to Kbin.

It's not perfect by any means. It's brand-new and not really explained much? But it does feel better than Lemmy.

[–] mapu@sopuli.xyz 10 points 1 year ago

…and there it begins.

[–] Wintermute@lemmy.villa-straylight.social 6 points 1 year ago (2 children)

If you had asked me how many employees Reddit has, I definitely would have guessed a number between 30 and 60 total. What on Earth do all of these people do??

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

60 is way too low for the scale they have.

Lot of tech folks needed and support IT staff to keep the site running. You'd be surprised how many even non-tech companies have to keep services running (well, the good ones at least - rest overwork their folks)

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