AppLovin’s attempts to acquire Unity last year turned sour when Unity opted for a  merger with rivals ironSource instead . Now, in the ongoing shockwave of Unity's unpopular introductio...

AppLovin’s attempts to acquire Unity last year turned sour when Unity opted for a merger with rivals ironSource instead . Now, in the ongoing shockwave of Unity’s unpopular introductio…

  • Why9@lemmy.worldEnglish
    17·
    1 year ago

    The conspiracy theorist in me always thought stuff like this was the result of corporate espionage; a loyal employee of a rival firm joins their competitor’s ranks and works their way up and finally gets the commanding role, only to announce something this dumb and then take it back (losing their reputation without anything in return) and then the guy leaves the company and finds a comfortable position on the board of their original rival company.

    But… No? These people really are that stupid and actually did that to themselves.

    And these are the people being paid 300x the salary of ordinary, hard working people!

    • Jimmycrackcrack@lemmy.mlEnglish
      14·
      1 year ago

      A lot of the time when this type of thing comes from on high it really is actually a good move for the C suite and for shareholders in the short term. I’m saying this as if I know anything about the topic, I don’t, but I have read about this.

      CEOs that flight from company to company, brought in to be the saviour and increase profits a bajillion percent just like they promised, often have a bag of tricks of classic moves that aren’t actually all that genius or clever but will, initially at least, appear to improve the bottom line. They may have obvious consequences which is why such an obvious move wasn’t made before, but if they can ride the crest of the wave of initially positive results they can exit just in time to leave the place seemingly better off than before they arrived knowing full well it’s all about to implode.