695

AppLovin’s attempts to acquire Unity last year turned sour when Unity opted for a merger with rivals ironSource instead . Now, in the ongoing shockwave of Unity's unpopular introductio...

you are viewing a single comment's thread
view the rest of the comments
[-] Why9@lemmy.world 17 points 11 months ago* (last edited 11 months ago)

The conspiracy theorist in me always thought stuff like this was the result of corporate espionage; a loyal employee of a rival firm joins their competitor's ranks and works their way up and finally gets the commanding role, only to announce something this dumb and then take it back (losing their reputation without anything in return) and then the guy leaves the company and finds a comfortable position on the board of their original rival company.

But... No? These people really are that stupid and actually did that to themselves.

And these are the people being paid 300x the salary of ordinary, hard working people!

[-] Jimmycrackcrack@lemmy.ml 15 points 11 months ago

A lot of the time when this type of thing comes from on high it really is actually a good move for the C suite and for shareholders in the short term. I'm saying this as if I know anything about the topic, I don't, but I have read about this.

CEOs that flight from company to company, brought in to be the saviour and increase profits a bajillion percent just like they promised, often have a bag of tricks of classic moves that aren't actually all that genius or clever but will, initially at least, appear to improve the bottom line. They may have obvious consequences which is why such an obvious move wasn't made before, but if they can ride the crest of the wave of initially positive results they can exit just in time to leave the place seemingly better off than before they arrived knowing full well it's all about to implode.

[-] prole@sh.itjust.works 2 points 11 months ago

Capitalism is trash-tier

this post was submitted on 20 Sep 2023
695 points (99.3% liked)

Technology

57273 readers
4480 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS