Quote:
Originally Posted by fjtorres
This has happened before; big multinationals dumping a high-visibility subsidiary in the midst of a tech-driven disruption. Most recently, the big music studios. It used to be that every media conglomerate *had* to have an inhouse music studio. Nowadays? Hardly any of them does. Those companies are all about fast growth and big revenue, not propping up an at-risk business model.
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Many people complain about the drive for maximum profit. But do they take the job offered at $50,000 over the one offered at $75,000? Would they open an account in a bank that gave 2% interest rather than one that gave 20%.
When a company becomes an investment rather than a family tradition or a labor of love...
I'd dump the music companies, if I owned any...unless they got me more hot chicks than the higher profits would.