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> So SoftBank got $1.25 billion because nothing happened, and then they lay off 1,000 people. Classy. Typical MBA behaviour, they want to IPO so they cut down
by piva00 5y ago
> So SoftBank got $1.25 billion because nothing happened, and then they lay off 1,000 people. Classy.
Typical MBA behaviour, they want to IPO so they cut down expenses (salaries) to prop it up as a "leaner and better" company to be sold.
Just the usual fucked up way finance took over business over the past decades of hyper-financialisation of everything.