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Another thing: as companies get larger they will try to squeeze competitors, fire employees and do everything possible to increase their margins. Legal, but th
by OGinparadise 14y ago
Another thing: as companies get larger they will try to squeeze competitors, fire employees and do everything possible to increase their margins.
Legal, but they shouldn't brag about it.
Edited to add: Apple, Microsoft and Google alone have close to $250 Billion in the bank, $250,000,000,000 and what we hear each quarter about them? Increased margins, more and more ads, increased prices on software, anti-competitive behavior, essentially cheating on taxes, firing 20% of employees (Motorola) and holding cash overseas not to bring it to US due to taxes. It never ends, they have to be ready for the next quarter
- bitserf 14y agoOr my favorite, buying revenue through acquisitions and then asking existing employees to take one for the team with pay freezes and austerity measures because of the subsequent impact to margin.
- saraid216 14y agoI keep hearing about self-driving cars...
- OGinparadise 14y agoOh, you must've heard about BMW, Audi and other car manufacturers that can't match Google's PR machine http://www.nydailynews.com/autos/making-self-driving-cars-everyday-reality-article-1.1251048 http://www.nydailynews.com/autos/making-self-driving-cars-ev...
- saraid216 14y agoI've heard about them, too, but when I find the relevance of your point, I'll drop you a line.