cm0002@europe.pub to Political Memes@lemmy.ca · 19 days agoShareholders gotta make a buck somehoweurope.pubimagemessage-square8fedilinkarrow-up1378arrow-down11
arrow-up1377arrow-down1imageShareholders gotta make a buck somehoweurope.pubcm0002@europe.pub to Political Memes@lemmy.ca · 19 days agomessage-square8fedilink
minus-squaremassive_bereavement@fedia.iolinkfedilinkarrow-up12arrow-down1·19 days agoThere’s a merger or an acquisition somewhere between point A and B
minus-squareILikeBoobies@lemmy.calinkfedilinkarrow-up6·19 days agoAll mergers/acquisitions are bad for the economy. I sell shoes and I hire an accountant. My neighbour sells shoes and hires an accountant. I buy his shoe business, now the 2nd accountant is redundant and there’s less jobs in the market.
minus-squaremassive_bereavement@fedia.iolinkfedilinkarrow-up2·18 days agoSo you are saying that I could fire the accountant and give that money to my shareholders?
minus-squareayyy@sh.itjust.workslinkfedilinkarrow-up2·18 days agoBut the increased efficiency enables lower prices for consumers. Right? Anakin?
There’s a merger or an acquisition somewhere between point A and B
All mergers/acquisitions are bad for the economy.
I sell shoes and I hire an accountant. My neighbour sells shoes and hires an accountant.
I buy his shoe business, now the 2nd accountant is redundant and there’s less jobs in the market.
So you are saying that I could fire the accountant and give that money to my shareholders?
But the increased efficiency enables lower prices for consumers.
Right? Anakin?