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A comment on IBM nearing a buyout deal for HashiCorp, source says. Parent comment

Re:IBM nearing a buyout deal for HashiCorp, source says by thrwaway1337 on Tuesday April 23, 2024 @02:33PM (#40135471)
While I appreciate the sentiment, surely that is not the reason why we should wish acquisitions to happen or fall through? There's something to be said about solving for maximum societal welfare—which may or may not be the case here, but in any event doesn't depend on any specific individual
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Re:IBM nearing a buyout deal for HashiCorp, source says by inetknght on Tuesday April 23, 2024 @02:36PM (#40135508)
> While I appreciate the sentiment, surely that is not the reason why we should wish acquisitions to happen or fall through?

I have another reason (whether or not that's "better" is arguable): because too big to fail is a thing and we've already seen what happens in other industries when big players buy out smaller ones.

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Re:IBM nearing a buyout deal for HashiCorp, source says by thrwaway1337 on Tuesday April 23, 2024 @02:40PM (#40135564)
I see "too big to fail" most commonly referenced when talking about the GFC of '08-'09. Nothing there happened because big players bought out smaller ones. Lehman Brothers wasn't even big, comparatively speaking
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Re:IBM nearing a buyout deal for HashiCorp, source says by lja on Tuesday April 23, 2024 @02:36PM (#40135507)
I think it's important to contemplate the human component of mergers. If lots of gainfully employed people get let go so that fewer people can consolidate expenses and raise shareholder value I think it should be considered as part of the decision making framework.
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Re:IBM nearing a buyout deal for HashiCorp, source says by silverquiet on Tuesday April 23, 2024 @02:38PM (#40135536)
It is a consideration; redundancies are eliminated in acquisitions. It's capitalism; not laborism.
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Re:IBM nearing a buyout deal for HashiCorp, source says by jacques_chester on Tuesday April 23, 2024 @02:35PM (#40135494)
I think the parent comment may be a reference to IBM being caught in the past deliberately firing older workers.
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Re:IBM nearing a buyout deal for HashiCorp, source says by thrwaway1337 on Tuesday April 23, 2024 @02:38PM (#40135541)
Allegedly, but not proven, right?

https://www.reuters.com/legal/litigation/ibm-wins-another-ru...

https://www.theregister.com/2024/01/23/ibm_supreme_court/

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Re:IBM nearing a buyout deal for HashiCorp, source says by jacques_chester on Tuesday April 23, 2024 @03:03PM (#40135855)
The lawsuit hasn't been brought precisely because IBM fought tooth and nail to cut off access to the courts.

Not the sort of thing you do for the hell of it.

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Re:IBM nearing a buyout deal for HashiCorp, source says by ChrisMarshallNY on Tuesday April 23, 2024 @02:36PM (#40135500)
Yup.
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