The problem good earnings and a rising stock price is leadership forgets how horribly we treated the laid off employees that helped us make those numbers. The numbers are clearly more important to leadership than the people.
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Like Metallica famously said "Nothing else but the stock price matters".
As posted in another thread, a legal decision from more than 100 years ago:
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.
Paying your employees more and cutting prices "was compared to a spoliation of the company's assets."
Why do you think Cisco spent over twenty billions buying back its own stock over the past decade? Like Metallica famously said "Nothing else but the stock price matters".
“Greed is Good.”
From over 100 years ago:
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.
Now get off my lawn.