Comment on Roomba maker iRobot swept into bankruptcy
Rooster326@programming.dev 3 days agoThey literally used all of their money to do stock buybacks. Imagine if they put it into R&D. Maybe they would still exist.
Comment on Roomba maker iRobot swept into bankruptcy
Rooster326@programming.dev 3 days agoThey literally used all of their money to do stock buybacks. Imagine if they put it into R&D. Maybe they would still exist.
witty_username@feddit.nl 2 days ago
There it is. Stock buy backs driving the company into insolvency. This should be illegal. They are killing the company to pay investors. It is a farce