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Enshittification@slrpnk.net · 2 months ago

Lowest-Paying US Corporations Have Poured Over $700 Billion Into Buybacks Since 2019 | Common Dreams

www.commondreams.org

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Lowest-Paying US Corporations Have Poured Over $700 Billion Into Buybacks Since 2019 | Common Dreams

www.commondreams.org

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Enshittification@slrpnk.net · 2 months ago

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A new report shows that Walmart could have funded a nearly $4,000 bonus for every single one of the company's employees with the amount of money it spent buying back its own stock last year.

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2 months ago
A reminder that stock buybacks used to be illegal.

https://casten.house.gov/media/in-the-news/theres-a-reason-why-stock-buybacks-used-to-be-illegal

Enshittification@slrpnk.net

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Welcome to Enshittification

A community for everyone who misspelt it as enshitification.

“I the onceler felt sad as I watched them all go, but business is business and business must grow, regardless of crummies in tummies you know.”

This is your space to document the decay, demise, and destruction of the tech world as we know it. Share stories, articles, and firsthand experiences that capture the ongoing decline of once-celebrated platforms, services, and companies in the late stage capitalist landscape.

From monopolistic corporate shifts to anti-user updates and the relentless pursuit of profit over quality—if it’s broken, bloated, or just plain bad, it belongs here. We’re here to spotlight the moves that make the tech world worse, one piece of enshittification at a time.

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