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160 points MattIPv4 | 1 comments | | HN request time: 0.229s | source
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revskill ◴[] No.36407730[source]
There's no mention on "Why changes", it's a red flag to me.
replies(1): >>36408055 #
mrweasel ◴[] No.36408055[source]
Probably because it's a publicly traded company that needs to please its shareholder.

I honestly believe that what we are seeing is the realisation that money and growth isn't infinite and companies need to return to actually turn a profit, not just grow revenue. That's why we're seeing Reddit, Imgur, Gitlab, Meta, Twitter and others implement changes in rapid succession. It not even that I completely disagree with their choices, I just wonder why a dumb ass like myself who knows nothing of business was able to see broken business models years in advance, while Wall Street and Silicon Valley couldn't... Or did they just not care?

replies(2): >>36408153 #>>36408441 #
1. revskill ◴[] No.36408153[source]
"Broken business" is vague though. There're always victims and winners. Shareholders in most cases is the winners here.