Quote:
Has Netjets failed?? Berkshire sure doesn't think so, and if the model is so broken and inefficient, don't you think Buffett would have dropped us by now?Originally Posted by tuna hp
It was bound to fail.
The company is simply undergoing a change in culture from entrepreneurial to corporate. It's all about the numbers now and filtering out the unnecessary expenditures. The only unfortunate part is that it entailed furloughs and other staff cuts in the process.