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[–] 6 points 1 year ago (1 child)

Innovation is enshittification these days. It used to be invention, where entirely new products and materials came about. Then there was innovation, incremental improvement coupled with price hikes. Now “innovation” seems strictly rearranging deck chairs with worse service, and reducing employee count for increased profits.

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  • [–] 3 points 1 year ago (1 child)

    In the 90s it was "selling it for parts" where the market value of the whole company was lower than the component parts, so buy it on the open market for a bargain, then slice and dice and profit.

    These days, they're squeezing the lemons for all they can get.

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