Situation: Company A buys Company B, employees and all. Together, they will continue their incredible journey to make the world a better place. A few months/years/seconds later, Company B is dead and its employees are either laid off or reassigned to Company A projects.
I’ve worked at companies like this. Company B might actually be turning a good profit and benefiting millions of users in a charitable space, but it would look bad on the books to sell it, and it lowers the value of the company overall to keep it.
I’ve seen this happen far too many times.
https://wiki.archiveteam.org/index.php/A_Million_Ways_to_Die_on_the_Web
http://ourincrediblejourney.tumblr.com/
I’ve worked at companies like this. Company B might actually be turning a good profit and benefiting millions of users in a charitable space, but it would look bad on the books to sell it, and it lowers the value of the company overall to keep it.
Belligerent toilet capitalism.