• MagicShel@programming.dev
    link
    fedilink
    arrow-up
    13
    ·
    9 months ago

    Of course they know them. That’s how Microsoft buys a multi-billion dollar company and expects to turn a profit - not by continuing to run the company the way it was, but by trimming staff from one or both companies.

    Every time there is a massive capital investment, whether by a hedge fund or a bigger company, there is an unstated “and profit by making it worse” in the headline. Sometimes, a poorly managed company can yield profits just through better management, but most of the time it hurts workers which in turn hurts customers, but there is massive profit to be made while the coasting on the inertia of the former quality.

    I can say from experience, if your company gets bought out your job is about to get worse if it even still exists.

    • Snot Flickerman@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      2
      ·
      9 months ago

      Of course they know them.

      I know, that’s why I called it a joke. They always post these bullshit PR statements after the fact as if everyone didn’t know this was coming.