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this post was submitted on 11 Feb 2026
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My companies on paper "profit" (EBITDA) is 8% but I know for a fact that a lot of the billions of "cost" funnelled into capex is being embezzled.
Because I work in a technical industry servicing secret squirrel stuff it's basically auditors can't audit and the government is very hands off (even if they could understand what we sell, which for the most part they don't. Shit most of us don't understand it either).
Basically licence to do whatever you want.
But because we didn't hit the declared 11% target they cut the workforce by 10%. They'd didn't even do an analysis. Basically the CTO just cut people based on their title.
Fuckers
Apparently being expected to make 11% and actually making 8 is seen as a 3% loss …