this post was submitted on 23 May 2024
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[โ€“] DannyMac@lemmy.world 27 points 1 year ago (2 children)

I don't think you all understand, the T-Mobile CEO has a fiduciary duty to shareholders, which is a responsibility to act in their best interests and their sole interest is making money. If the CEO doesn't turn over every stone to find a way to make money or reduce costs, they're breaking the law.

Oh wait, you all do understand this horseshit better than most. Lemmy is my sane place ๐Ÿฅฐ

[โ€“] brlemworld@lemmy.world 7 points 1 year ago (1 children)

Making money == making as much money as possible. They just gotta stay in the black

Yes it can also be argued that stupid short-term gains like this can lead to less revenue in the long run which isn't doing your fiduciary duty.