| ▲ | laughing_man 5 hours ago |
| They've done the calculation. They'll lose X income because of subscribers who leave, and they'll get Y extra income from the ones who remain. If X < Y then implement policy. |
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| ▲ | usrbinbash 5 hours ago | parent | next [-] |
| Companies increasingly no longer even care about income. They care about what boosts investor confidence. So even if implementing a policy lowers operative income, if the growth in stock value offsets this, aka. number-go-up == true, the policy is implemented. |
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| ▲ | koe123 12 minutes ago | parent | next [-] | | The irony is, the PE of lots of tech companies implies 30+ years to earn back your money. Some of these companies enshittify at a rate higher than being in existence within 30 years. So I am curious how this will end up. | | |
| ▲ | lenerdenator 9 minutes ago | parent [-] | | 30 years doesn't matter; 90 days does. If you can make enough money back over that period by enshittifying the company, you do it, even if that means selling the thing whole. |
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| ▲ | scotty79 3 hours ago | parent | prev [-] | | It's almost as if making companies responsible for performance of their stock backfired to the tune of "a measure that becomes the goal ceases to be a good measure". | | |
| ▲ | mrguyorama 2 hours ago | parent [-] | | It's simpler than that. To a public company, the product is the stock price, and the customers are investors. Consumers exist as a resource to consume. You hold the same mental position in their minds as the cheap plastic packaging they had to purchase. |
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| ▲ | zmgsabst 4 hours ago | parent | prev [-] |
| I’ve worked in a finance department — and this is a very idealistic view of how such decisions get made. |