this post was submitted on 06 Jun 2023
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[–] [email protected] 28 points 1 year ago* (last edited 1 year ago) (2 children)

I mean, this totally fits the pattern of enshittification and the extraction of all actual value to maximize shareholder returns. Cut costs, make the product shitter, spend less money and claim losses to minimize taxes so that you can MAKE BANK BRO

[–] [email protected] 9 points 1 year ago (2 children)

It's times like this where I wish "stakeholders" had a say in the matter besides just the shareholders. I know it isn't my company and they can do what they want, but it's hard to just sit here watching it commit corporate suicide. It's gone way downhill since I joined in 2008 but still.

[–] [email protected] 6 points 1 year ago

That would be pretty fantastic, wouldn't it? I'm not sure what that would look like in practice, but I'm 100% with you. Reddit has been a pretty central part of my life for the past 15 years or so. It's really sad to say goodbye - it feels like the family dog got bit by a zombie (or, more realistically, got rabies). You've gotta put it down because the version of it that you know and love is already dead.

[–] [email protected] 2 points 1 year ago

It’s times like this where I wish “stakeholders” had a say in the matter besides just the shareholders. I know it isn’t my company and they can do what they want, but it’s hard to just sit here watching it commit corporate suicide. It’s gone way downhill since I joined in 2008 but still.

I mean, reddit users paid for servers basically out of pocket for almost a decade. The levels of corporate greed and lack of shame are simply baffling.

[–] [email protected] 1 points 1 year ago

_Ever considered making & delivering quality products? Where there is an high demand of? Then money will just roll in...

[–] [email protected] 15 points 1 year ago (1 children)

Uh oh... if any of those employees are part of the voice to maintain old.reddit then it looks like old.reddit won't last much longer now.

[–] [email protected] 5 points 1 year ago (1 children)

And as much as I hate the new reddit theme, Lemmy is about as bad. I love the density of old.reddit and RiF.

[–] [email protected] 3 points 1 year ago (1 children)
[–] [email protected] 2 points 1 year ago

+1 to Kbin.

It's not perfect by any means. It's brand-new and not really explained much? But it does feel better than Lemmy.

[–] [email protected] 10 points 1 year ago

…and there it begins.

[–] [email protected] 6 points 1 year ago (2 children)

If you had asked me how many employees Reddit has, I definitely would have guessed a number between 30 and 60 total. What on Earth do all of these people do??

[–] [email protected] 6 points 1 year ago

60 is way too low for the scale they have.

[–] [email protected] 4 points 1 year ago

Lot of tech folks needed and support IT staff to keep the site running. You'd be surprised how many even non-tech companies have to keep services running (well, the good ones at least - rest overwork their folks)

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