Comment on Discord is laying off 17 percent of employees

• sunbeam60@lemmy.one ⁨10⁩ ⁨months⁩ ago

  Well yeah, but we both know they are behaving like a company heading for an attempted IPO.

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  • Copernican@lemmy.world ⁨10⁩ ⁨months⁩ ago

    But that’s why I don’t think the private vs public company distinction is what matters. When it comes to private, there’s a whole class of private equity owned companies that some people won’t even consider working at because of the reputation their cost cutting and flip mentality is. It’s not a black and white private good public bad because only one has public share holders and exchanges.

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    • sunbeam60@lemmy.one ⁨10⁩ ⁨months⁩ ago

      It’s definitely not as simple as my quick comment on Lemmy pretends, agreed.

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