It is the same old story. Once the bean counters take charge, pandering to Wall St becomes the one and only priority. Engineering is deemed an expense and thus has to be cut and cut. The old experienced engineers retire and the new generation of engineers gravitate to companies with more favorable culture.
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It is the same old story. Once the bean counters take charge, pandering to Wall St becomes the one and only priority. Engineering is deemed an expense and thus has to be cut and cut. The old experienced engineers retire and the new generation of engineers gravitate to companies with more favorable culture.
McDonnell Douglas takeover Boeing is an example.
Pandering to the people who own the company seems normal
It is also a great way to ruin a company. Especially if you are pandering to the wider market.