this post was submitted on 10 Aug 2023
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Unfortunately they are pushed by the investors to focus on generating profit for them.
If I would give money to someone to make more money. I would expect more and more not less or a fix amount.
If the corporate contract changes then the expectation of investors would have to change as well. Changing the corporate contract is fundamental to changing nearly everything. What's even better is that no one can argue it's "evil socialism/communism" because it just isn't but it still affects sweeping positive changes.
Whit this the company might risk the chance to loose some of their biggest investors, who are keeping the company alive.
The implementation of such change would take years to slowly modify and chisel as much money-loosing-holes as possible.
Plus there would be board meetings where the company have to come up with a short term plan to Convince every money oriented board member that the new corporate contract will shovel money to the business. It is not easy, trust me.
They can't afford to loose money first to gain money years later.