Comment on Ubisoft announces studio closure as it lays off 185 staff
Nilz@sopuli.xyz 3 days ago
“review and pursue various transformational strategic and capitalistic options to extract the best value for stakeholders”.
Ah there it is. That’s the only thing that matters anyway.
9bananas@lemmy.world 3 days ago
fyi, in case someone isn’t clear on the difference:
stakeholder ≠ shareholder
stakeholders are basically all people involved, including staff, and even stuff like landlords, janitors, citizens (sometimes things like parents), etc.
it’s anyone with a stake in an organizations operations!
example: a city decides to create a new bus route. in this case, stakeholders include the local residents, the companies involved in creating the route, the companies supplying the buses, the mechanics needed to keep the fleet running, etc., etc.
there’s a usually a LOT of stakeholders, and typically you don’t always include everyone in every little decision because it quickly becomes unmanageable. so only the most relevant ones are included in most decisions, and who exactly that is depends on the project.
shareholders on the other hand are what everyone is probably thinking of, and that’s the people (“people” being used generously here) only interested in next quarters profits. you know! the parasites!
of course the message is still bullshit and nothing but coded corpo-speech for “shareholders”, but i thought some folks might be interested in knowing the difference anyhow.
even if, in this case, it’s only important to highlight the extra special bullshit they put into the statement…
Nilz@sopuli.xyz 2 days ago
Good point and thanks for pointing it out, I misread it. A shareholder and stakeholder aren’t (necessarily) the same indeed.
9bananas@lemmy.world 2 days ago
actually good point on your part too, cause i should have mentioned that as well:
shareholders can also be stakeholders!
totally not confusing or anything…
i really hate basically all the language around finance…