misktoTechnology@lemmy.worldEnglish·7 months agoAfter 114 days of change, Broadcom CEO acknowledges VMware-related “unease”(arstechnica.com)external-linkarrow-up1332arrow-down15message-square59fedilink
arrow-up1327arrow-down1external-linkAfter 114 days of change, Broadcom CEO acknowledges VMware-related “unease”(arstechnica.com)misktoTechnology@lemmy.worldEnglish·7 months agomessage-square59fedilink
minus-squarelaxeEnglisharrow-up10arrow-down0·7 months agolinkfedilinkExecutives care only about their bonuses, and the best way to boost them is to milk companies on the short term even if it ruins them on the long term. There is no incentive to care about long term.
minus-squarehenfredemarsEnglisharrow-up5arrow-down0·7 months agolinkfedilinkInvestors reward this behavior. The system is designed to destroy good things.
Executives care only about their bonuses, and the best way to boost them is to milk companies on the short term even if it ruins them on the long term. There is no incentive to care about long term.
Investors reward this behavior. The system is designed to destroy good things.