3 ms·
>>The model is simple: gut the staff, sell the real estate, jack up subscription prices, and wring out as much cash as possible. Yup typical MBA vampire busine
by toss1 5y ago
>>The model is simple: gut the staff, sell the real estate, jack up subscription prices, and wring out as much cash as possible.
Yup typical MBA vampire business model, zero out all functions related to long term growth, organizational resiliency, or social capital, and just extract cash until the organization dies.
Nevermind that the effect will corrode the very democracy that supports making their profits...