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" ... In a new COVID-19 normal where airline unprofitability is all but guaranteed, the focus is on reducing losses. ... "
" ... The phenomenon of unprofitability isn’t unique to Silicon Valley giants like WeWork and Uber — it’s one I’ve watched happen in Northern Ireland and Mexico, where my own company operates. In today’s tech environment, companies are founded with the goal of quickly developing a product that can rapidly anchor value and be sold to the first interested party, even if the company is losing money. They’re focused on short-term gains rather than long-term success, sustainability and market domination, and tech workers often pay the price. ... "
" ... There is also a lower threshold in luxury today to weather loss and unprofitability. "I don't know if there are five and ten-year plans anymore; there is so much at stake. And investors look to brands that grow organically," said Burke. ... "