this post was submitted on 29 Jun 2023
15 points (100.0% liked)
World News
22057 readers
91 users here now
Breaking news from around the world.
News that is American but has an international facet may also be posted here.
Guidelines for submissions:
- Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
- Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
- Do not post ragebait or shock stories. These will be removed.
- Do not post tabloid or blogspam stories. These will be removed.
- Social media should be a source of last resort.
These guidelines will be enforced on a know-it-when-I-see-it basis.
For US News, see the US News community.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I guess I don't have context, but that doesn't sound like a failing, unprofitable magazine in 2022?
Profit hunting?
dumbass executives. that's always the answer.
They only care about having the biggest paycheck while they suck the company dry so they can impress fake friends. Most of them could care less about the actual health and success of the business - as long as they can suck it dry and move on to the next company before it tanks.
It's pathetic and embarrassing. I'm surprised more scientists aren't studying the executive class and their undying desire to hoard wealth while other's employed in the companies they manage continue to suffer.
For real. I think just about any print magazine would give their right arm for that kind of circulation in 2023.