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> keep prices down and profits up There’s your problem right there. We are all getting a worse product from IKEA because they have to keep investors profits up
by AndrewKemendo 4y ago
> keep prices down and profits up
There’s your problem right there. We are all getting a worse product from IKEA because they have to keep investors profits up.
They wrap this boot to the face in a lovingly quaint “scrappy engineers” story that’s supposed to make it seem like this is all unavoidable effects of some mysterious process.
We’re the authors of our own hell folks.
- noelsusman 4y agoWhat investors?
- local_crmdgeon 4y agoIKEA doesn't have investors, it's actually structured as a Dutch nonprofit.
- dragonwriter 4y agoPer Wikipedia, at the top level there is a Dutch foundation and a Leichtenstein foundation, and a web of for- and non-profit orgs beneath them.
- AndrewKemendo 4y agoSo, per the article who is seeking profit? I’m pretty sure Inter-IKEA has private shareholders