this post was submitted on 16 May 2026
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Samsung starts winding down chip production six days before planned 18-day strike — company enters "emergency management mode," daily losses could hit $2 billion (www.tomshardware.com)
submitted 1 day ago by sanitation@lemmy.radio to c/technology@lemmy.world
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[–] halcyoncmdr@piefed.social 2 points 1 day ago

I've said this for years.

The bullshit justification for these cockroach companies is always about fiduciary responsibility to shareholders.

Shareholders need to start suing these companies for failing their fiduciary responsibilities by allowing strikes like this. The strikes are never surprising. They're always obvious and the result is as well. All it does is cost millions/billions of dollars and is completely avoidable. How that doesn't inherently fail the fiduciary responsibility is baffling to me.