3 ms·
yes. all driven by shareholders demands imo. https://www.theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-
by 5350-uiop-1130 3y ago
yes. all driven by shareholders demands imo.
https://www.theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay https://www.theguardian.com/technology/2022/nov/15/major-inv...
- angoragoats 3y agoAre you aware that this link is about Alphabet, that we are talking about Meta here, and that Alphabet is not Meta? Zuckerberg owns a special class of stock in his company that gives him total control, despite the existence of other institutional shareholders. The buck stops with him and therefore blame for any bad business decisions can be squarely placed on his shoulders.
- throwaway290 3y agoI think the point may have been that shareholders can put pressure and sell off stock and shareholder motivations are probably similar among big tech companies