349
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 Aug 2023
349 points (98.3% liked)
Technology
59648 readers
2014 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
I hear this a lot, but every company I've been a part of that did it seemed to be a bad idea. If a division makes money, the only reason to sell is because you believe the investment in that division can be used to make more money (for less). Getting rid of a profitable entity is usually greed based.
It's corporate-speak that means nothing. The same company "focused on it's core business" today will buy something unrelated sometime later and say it's "poised for growth in a growing market".