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It most certainly is also greed. Stockholders want returns. One way to do that is maximize profits at all costs. Greed.
by davedx 5mo ago
It most certainly is also greed. Stockholders want returns. One way to do that is maximize profits at all costs. Greed.
- osigurdson 5mo agoHow does low quality translate to shareholder returns?
- deleted 5mo ago[deleted]
- tardedmeme 5mo agoShareholder returns translate to low quality because money is never reinvested in the business. Everything is cut to the bone.
- mcepl 5mo agoBy lowering cost and not investing profit to the company? Yes, short-term v long-term, but who in this world cares about anything after their next salary?