this post was submitted on 18 Jul 2024
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[–] fishos 21 points 5 months ago (1 children)

That's just a name we give to "a share of a well-known, profitable, and established company with a history of success". I.e. "companies that experience constant and consistent growth". That's literally what OP is criticizing. They do the same things. Microsoft is a blue chip. You think they don't have layoffs to appease shareholders? Google? Apple?