Re:CrowdStrike's impact on aviation
by katbyte on Tuesday July 30, 2024 @12:23AM
(#41106028)
They prioritized stock buy backs instead of investing in a robust it operation
[ Parent
| on HN ]
Re:CrowdStrike's impact on aviation
by shiroiushi on Tuesday July 30, 2024 @12:25AM
(#41106037)
As well they should!
Which one profits the CEO more? Stock buy-backs or robust IT? Robust IT is only good for the company in the long term; however, with stock buy-backs or other skimping on IT, if disaster like this happens, the CEO just takes his golden parachute and leaves, but if no disaster happens, he gets a huge bonus to buy another private yacht.