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Ha, this is absolutely true, especially in more traditional companies dominated by a patrician management. I still wonder what happened to Randall Stephenson w
by Aperocky 7y ago
Ha, this is absolutely true, especially in more traditional companies dominated by a patrician management.
I still wonder what happened to Randall Stephenson when AT&T decided to buy DirecTV for $67B in 2014. What could only be described as thinking completely in an isolated bubble. It seems that the survival of traditional companies are based on the sheer incompetence of competitors to continue allow the swallowing up of disaster after disaster committed by the management.
- nojvek 7y agoOr more likely they are so big that even decent sized fuckups every now and then don’t make much difference. For the mega corps, they could shave half their workforce and still be making the same amount of profits. Some companies just want to grow for the sake of growing and invent new problems to fill time.