• Coreidan@lemmy.world
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    1 year ago

    More enshitification. This is the kind of stuff I’ve grown to expect from tech companies. I wouldn’t be surprised if they are bleeding money due to interest rates and they need any way possible to stay afloat.

    • Angius@lemmy.world
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      1 year ago

      They haven’t been profitable for, like, past half a decade or so. Each year brings bigger and bigger losses.

      Seeing how the CEO sold 50k shares over the last year, and another 2k not long ago, I can see it being the last hail mary to extract as much money as possible and sell the company to Microsoft/Apple/Facebook/Whoever is willing to buy