← Back to context

Comment by bilekas

3 hours ago

This is entirely by design. From a shareholder's perspective, the only thing that matters is number go up, when you take over a struggling company, they will squeeze every last drop of life from it in order to get some profit.

The fact that they are being quite secretive about their outsourcing, or at least not publishing it as a restructuring plan that they lay out to customers, is a little scummy, but makes sense for private equity. Milk as many people as they can while they still trust the brand.

From a shareholder's perspective, it's working as expected. And that's the real issue. If brands took more care of not expanding too fast that they require private equity and give away their ownership of the company slowly, then with patience and customer respect, we see its a good mix. But it seems people just get greedy or something and want it all faster.