79
submitted 2 months ago by yogthos@lemmy.ml to c/technology@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] FaceDeer@fedia.io 1 points 2 months ago

not some fucking investors and shareholders that probably kept pressuring CS for the last several years to reduce costs and increase revenue,

This is presumably part of what would be at issue in court. The shareholders are claiming they were lied to. We'll see how that holds up.

[-] Mikina@programming.dev 1 points 2 months ago

I really hope that CS will come up with recipes and emails where the board specificly "strongly recommended" that they reduce operation costs or denied internal investments. It probably won't happen, because such pressure from investors is usually pretty vague, i.e they don't literally tell you to cut corners, but they strongly suggest that if you won't somehow increase revenue, you (the management) will have problems. Of course, it's up to you how you do it, but to meet their often unrealistic demands, just doing a better job while also investing into internal failsafes is often simply not possible. It's a loss-loss situation for CS, but I really hope they won't loose this legal battle.

this post was submitted on 01 Aug 2024
79 points (95.4% liked)

Technology

34628 readers
520 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS