this post was submitted on 09 Jan 2024
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[–] mastefetri@infosec.pub 21 points 1 year ago

They tried to appease the shareholders rapacious greed by changing their business model to include royalties and other random fees, but that failed so now they've laid off 25% of the workforce to free up a lot of cash short term. This is a desperation move and they're never going to be able to provide the endless growth the shareholders demand. But the shareholders will be appeased for the next few months. So I guess it's a win?