5 ms·

The title could be generalized to "Private equity firms ruins companies"

• TheAdamist 2y ago
  Tech seems to accelerate the decline though, without the inertia of physical stores or plants to slow things down.
  • red-iron-pine 2y ago
    Paul Virilio has been saying that for years
  • bigiain 2y ago
    Some of their argument: " ... owners focus on aggressive cost-cutting and “streamlining” operations to boost short-term profitability. This is extremely destructive, leading to mass layoffs, reduced benefits, and wholesale outsourcing. " could just as easily be used to claim "tech companies ruin tech companies."
• gosub100 2y ago
  I haven't been to the dentist in 4 years and I'm hell-bent on finding one that is not part of PE or any type of corporate ownership. I'm prepared to drive to rural areas or hours away because I will not trust that their incentives are aligned with mine.
  • antonyt 2y ago
    Is there an easy way to discover whether or not a given business is owned by PE?
    • cushpush 2y ago
      Can you contact ownership? If not, then yes.