Death spiral —
1. Revenue drops
2. Staff is cut
3. Content suffers as a result of cuts
4. Drop in circulation due to content
5. Drop in revenue due to drop in circulation
6. Prices of ads and delivered products are raised
7. Revenue drops even more, puzzling the staff who never studied supply and demand. They blame Gen X-ers and bad public education.
8. Owners gather to plan more staff cuts
“Death Spiral...”
Superbly and lucidly put ! Right on!
When my fish are wrapped in the final printing of the NYT, I will know my life is rather comfortably complete.
POX on their liberal houses !
Death spiral — 1. Revenue drops 2. Staff is cut 3. Content suffers as a result of cuts 4. Drop in circulation due to content 5. Drop in revenue due to drop in circulation 6. Prices of ads and delivered products are raised 7. Revenue drops even more, puzzling the staff who never studied supply and demand. They blame Gen X-ers and bad public education. 8. Owners gather to plan more staff cuts
Once the dinosaur fishwrap execs get used to the taste of the blood of their fired employees. Future firings will be easier and will serve as serial punishment for their peons, whenever bad results are reported.
The execs/high priests and priestesses will become blood thirsty and will gladly be Aztec High Priests in their dealings with their underlings. They will eagerily use human sacrifices/firings to appease the evil Gods of the business world. Top management knows that there is no place for them to run to for a big paycheck. So they will gladly sacrifice the peons under them to stay employed until they too are sacrificed.
Now every fishwrap employee is just one personality conflict away from being sacrificed to the Fishwrap Gods, er, fired.
