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this post was submitted on 13 Jan 2024
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WebMD is owned by Internet Brands, which is owned by KKR, an investment group with $64 billion in real estate assets. This has fuck all to do with productivity or middle management.
https://www.kkrreit.com/our-company/about-us
https://www.webmd.com/corporate/press/20170915/internet-brands-kkr-portfolio-company-successfully-completes
Fuckin kkr. The ones who got Toys R Us to go bankrupt just to make a buck. They also purchased the company i worked for then sold it to another company which resulted in big layoffs some years back. They can eat shit and die.
I miss Toys R Us
Well, good news—Macy’s has brought them back.
We still have them in Canada!
There are company’s where their whole business strategy is to get their employees on the board of a struggling company with the plan to enact policies that seem like they will help but just dig the hole deeper. Until they can start selling off assets, move to bankruptcy, then sail away with golden parachutes to do it all again.