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by cheriot 964 days ago
The shareholders are poorer than they were 10 years ago. This company is an employment program for incompetent executives.
1 comments

That talk Jobs did about businesses that fail because they promote sales and incompetence (because promoting competence leads to needing to fill roles).

IBM is a case study for that.

Also being a top heavy business with managers that protect their jobs through incredibly massive process (forget node_modules, IBM process is the only thing heavier than a black hole, in fact).

There was a time when we were 18 managers for 24 employees.