Re: Typical Manglement
(Toyd-R-Us got Hedge Funded -- leveragedf buyout, loaded with debt and then raided for every cent that could be wrung from it.)
This story needs to be read in conjunction with all those stories about how Huawei's networking kit is a Threat to National Security. In fact its got so bad that the politicans in DC are about to throw $1Billion at companies to replace their Huawei kit -- surely there's a business opportunity there for the financial wizards? The idea of maybe maintaining investments so that they could just sell competetitive kit at prices that make a modest profit just doesn't click with the typical US corporation -- they want fat profits now and for ever and they don't want to work for it. Its just that eventually a Huawei will come along and take their market off them -- they'll retreat into software and 'services' but eventually the market will evaporate and they'll be left lobbying the government for protection (tariffs, entity lists, bald faced lies, whatever works.....).
Biting the hand that feeds IT
