this post was submitted on 24 Sep 2023
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All of that pales in comparison to this:
We created X growth in profit for our shareholders.
If a company is publicly traded, the shareholders are now by law their highest obligation. It doesn't matter if that growth comes in the form of new clients or salaries unpaid through RTO policies. No other appeal matters other than generating more profit than the previous quarter at any cost.
Not maintaining. Not healthy business. Growth at any cost.
Wait, you have a law making the shareholders the most important for the companies, seriously ?
Yep, see the Ford v Dodge case
The shareholders are the owners of the company. If they feel (doesn't matter what really happened) that there is any impropriety or fraud they can sue.