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submitted 7 months ago by lobut@lemmy.ca to c/technology@lemmy.world

It's a story from April, I tried seeing if it was posted before, however it's the story about how the advertising and finance team beat the search team into submission by ousting the core person protecting it to pursue "growth" and "revenue" at all costs.

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[-] Zoboomafoo@slrpnk.net 18 points 7 months ago

"I implemented this model at Yahoo!"

"So you're the reason why Yahoo! is a useless search engine and its market share crashed?"

"Yes"

"You're hired!"


This sort of shit makes me want to go into business myself to show everyone how easy it would be to make long-term stable growth by just not squeezing employees and customers for every cent

[-] QuarterSwede@lemmy.world 3 points 7 months ago

The issue is the mentality of lack of growth = death and low shareholder returns. When you get as big as these giants this is a valid concern and not an easy problem to solve. You have to be highly creative and find new ways to bring revenue in. Search is stuck in a large rut and is why they’re looking at AI to help spur more growth.

this post was submitted on 06 May 2024
317 points (94.4% liked)

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