• imaqtpie@lemmy.myserv.one
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    5 months ago

    Damn. I actually thought he might turn things around back when he was brought in. Their engineers have let them down, how did they fall so far behind after being so far ahead just 15 years ago?

        • RubberDuck@lemmy.world
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          5 months ago

          Profits go up if you don’t invest in your company but instead pay your shareholders. But at some point you atrophied your R&D so much you have fallen behind and then the question becomes, do you bleed it dry and sell it for parts, or revitalize by investing. And if revitalizing is still viable.

            • RubberDuck@lemmy.world
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              5 months ago

              If you are a shareholder that gets the payout and make a profit… it sure is. For everyone else… Who are we kidding. Fuck everyone else.