Thread regarding Gainwell Technologies layoffs

Private Equity is the problem

https://www.ineteconomics.org/perspectives/blog/private-equity-is-out-of-control-and-looting-america-this-prosecutor-says-we-can-fix-it

Understand that Veritas and guys like Knickrehm are not stupid. Very scary if you still have a pension!

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| 761 views | | 4 replies (last April 9, 2024) | Reply
Post ID: @OP+1rVQcGR8

4 replies (most recent on top)

“That is why Veritas bought the federal businesses from the old EDS during the HP(E) days.”
Didn’t Veritas add it to its portfolio after DXC sold it?

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Post ID: @2wnd+1rVQcGR8

It is an eye-opening article. Thanks for posting it. Even if one ignores the pension part (which is a different discussion), the lack of accountability is disturbing.

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Post ID: @ecn+1rVQcGR8

Pension????

LOL

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Post ID: @jnt+1rVQcGR8

Good read, thanks for sharing. Private equity is obnoxious and evil, but it wouldn't exist without the cooperation of the government, also obnoxious and evil sometimes. We are in a business where government funding is guaranteed. That is why Veritas bought the federal businesses from the old EDS during the HP(E) days. My advice to everyone is pay attention and know your own worth.

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Post ID: @dym+1rVQcGR8

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