• teamevil@lemmy.world
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    10 months ago

    Never Ever ever has there been a corporate merger that benefited customers and employees. It only benefits stockholders customers have less options employees get laid off and the product robustness suffers.

    • shortwavesurferOPM
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      10 months ago

      I think some things can be beneficial to customers. For example, with the T-Mobile and Sprint merger, we got a ton more spectrum, and so speeds are super fast now. And we also got the T-Mobile Connect plans, which is what I use.

      • Tak@lemmy.ml
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        10 months ago

        There’s lots of things like Google where ubiquity provides simplicity and speed but it also creates a terrible dilemma if the share holder ever has a desire to make profit at the expense of the userbase. So it might be beneficial for now or there might be a silver lining but there is no promise it will always be that way.

        In the end T-Mobile is driven by profits not your happiness and if at any point your unhappiness becomes profitable you’re out of options.

    • msbeta1421@lemmy.world
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      10 months ago

      It usually doesn’t benefit the shareholders either. Something like 80% of all M&A activity is considered a general failure.

      Projected “synergies” never come to fruition because employees on both sides are handled poorly in the transaction. A firm’s capabilities only exist because of its employees; when they all leave, most of the value goes with them.

  • imgprojts@lemmy.ml
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    10 months ago

    I need to exit mint. What’s the next option? Something that is not republic wireless or Google Fi, sprint, att, etc asshole companies. Is there anything else out there?