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by ido
2198 days ago
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Oh those people didn't (all) get punished. And this is still happening all the time - huge companies waste an enormous amount of work & money. They can waste/mismanage for decades before the market punishes them (if at all). Bureaucratic waste (and sometimes corruption) is absolutely rife at huge companies. |
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Yes. And this is why (despite common wisdom) companies do not grow until they take over the world. They grow until their bureaucratic waste chokes the life out of them, and get replaced by a smaller, nimbler company.