• sturger@sh.itjust.works
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    1 day ago

    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
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      19 hours 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?