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[-] rpl6475@lemmy.ml 52 points 2 days ago

Companies are so removed from what users want, they only focus on what shareholders want to hear and don't consider that users will hate it.

[-] lka1988@lemmy.dbzer0.com 21 points 1 day ago* (last edited 1 day ago)

Because there is legal precedent that says shareholders come first.

You can blame Dodge for this. Yes, that Dodge.

[-] zenpocalypse@lemm.ee 4 points 21 hours ago

Oh, look, the reason Dodge reliability is garbage.

[-] lka1988@lemmy.dbzer0.com 2 points 14 hours ago

Real shocker, right? ๐Ÿ˜‚

[-] MrNobody@lemmy.dbzer0.com 5 points 1 day ago

So to ensure that a company is more likely to be customer focused, rather than shareholder focused, it's likely a good idea to only go for companies not listed on the american stock exchanges?

[-] Zacpod@lemmy.world 2 points 14 hours ago

Yup. Same goes for being employed - if they're publicly traded they'll almost certainly treat their staff like absolute garbage.

[-] lka1988@lemmy.dbzer0.com 3 points 1 day ago

I mean, that's my take. Also why you hear a lot of moaning and groaning from enthusiasts when a company who makes well-loved products decides to go public. Enshittification always occurs.

Too bad, that long-term users still kind of decide the fate of the company (as shareholders at some point realize that their share probably is not worth it).

I'm really keen to see when this happens to Tesla, I'm thinking about shorting the stock, it's so vastly overvalued, and there's strong competition and sales are crashing everywhere (because of too much Nazi)

[-] lka1988@lemmy.dbzer0.com 4 points 1 day ago

Too bad, that long-term users still kind of decide the fate of the company (as shareholders at some point realize that their share probably is not worth it).

Yeah, that's really the kicker, isn't it? Legally beholden to the shareholders who demand short term profits forever and ever, risking the loss of long-term customers.

It's a guaranteed death.

[-] letzlo@feddit.nl 25 points 2 days ago

But then users use it anyway for some reason. Many people care so little.

[-] Zetta@mander.xyz 6 points 1 day ago

Most people are unintelligent sacks of meat, not much critical thought about what they do runs through their minds.

[-] you_are_it@lemmy.sdf.org 3 points 2 days ago

It is legislation's work.

this post was submitted on 25 Apr 2025
541 points (100.0% liked)

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