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This is such a stupid short-term saving for a long-term cost. It's frustrating to me how focused shareholders are on saving a quick buck via stock buy-backs, em
by xracy 4y ago
This is such a stupid short-term saving for a long-term cost. It's frustrating to me how focused shareholders are on saving a quick buck via stock buy-backs, employee layoffs, leaving real estate agreements. It's a bunch of number misdirection to try and make it look like the company is earning more money when they're just losing a little bit less.
https://www.architecturaldigest.com/story/google-7billion-realestate https://www.architecturaldigest.com/story/google-7billion-re... <- Google invested $7b in Real Estate 2 years ago. When the next economic boom happens they're going to hire as many people as they can and claim they don't have space for them. And the entire time they're fucking with employee morale because it's not a number they can put on a spreadsheet. But it will have a cost. They just won't see it until it's too late.