Last night I watched John Oliver's segment about Boeing and how they turned focus away from making quality products in favor of inflating their own stock price though buybacks and cost-cutting. Wow! It's the same toxic shit at my workplace and at many other orgs out there. Yeah Boeing is being naughty but this is a systemic problem for the tech industry and other industries as well. Business majors are ruining everything. My takeaway wasn't just "Boeing bad", it's that our whole civ is fucked.
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Leaf 🔜 GSFTW🍂 (leaf@furry.engineer)'s status on Saturday, 09-Mar-2024 11:25:17 JST Leaf 🔜 GSFTW🍂 - Tokyo Outsider (337ppm) repeated this.
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C.S.Strowbridge (csstrowbridge@mastodon.social)'s status on Sunday, 10-Mar-2024 02:25:15 JST C.S.Strowbridge Stock buy-back used to be illegal, because it was considered stock manipulation. It needs to be made illegal again.