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Re:Important Team and Business Changes by jpmoral on Thursday May 04, 2023 @08:27PM (#35823913)
> The CEOs / Executives are literally appointed by the board who in turn are voted in by shareholders. It is their job to increase the share price.

This is a meme that needs to die.

> The world is better of with efficient capital deployment.

Even if this were true, rising share prices don't necessarily indicate efficient deployment. Chasing short-term share price increases often incentivises behaviour detrimental to company in the long-term.

Re:Important Team and Business Changes by deltree7 on Thursday May 04, 2023 @11:18PM (#35824846)
Shopify, Apple, Google, Meta, Amazon all have long term goals.

Meta/Google/Amazon/Microsoft are literally investing R&D $ that will pay off 10+ years later.

Yet they all have laid off people.

Just because you laid of people doesn't mean they aren't thinking long term.

Really how can reddit/HN and social media be so blind about this when they have data screaming at them?

Re:Important Team and Business Changes by jpmoral on Saturday May 06, 2023 @09:43PM (#35847073)
> Just because you laid of people doesn't mean they aren't thinking long term. That's not what I said at all. My point was that a rising share price and actions taken to influence that do not necessarily indicate that capital has been efficiently deployed.

> Really how can reddit/HN and social media be so blind about this when they have data screaming at them?

Maybe don't start with the assumption that everyone else is an idiot.