The title link leads to an unrelated article: "How Racism and Bias Influence Substance Use and Addiction Treatment"

Oh, WTF, thanks, I had copied a wrong article, I will re-submit it with the correct url (https://www.gsb.stanford.edu/insights/why-some-big-corporati...)

New post: https://news.ycombinator.com/item?id=33466469

> In a new paper, Robert Burgelman argues that the decision to split often reflects a process that’s analogous to biological adaptation and the evolution of new species. Like living organisms, he says, corporations are constantly adapting to changes in their environment. If those changes push different business segments in diverging and even conflicting directions, a company may need to evolve into a different — and smaller — kind of species

Businesses combine to survive then split to survive. Seems like a scam being run by lawyers and financial people to skim $$. This isn’t really a joke, unfortunately.

That and management ego boosting.

This but also: big players swallow smaller players until only big players are left due to "eat or be eaten" dynamics. Management wants to save their asses.

Then when there is no threatening bigger fish anymore, management is incentivised to make a mark some other way, and thus they start to battle inefficiencies which have inevitably built up and split the company.

Yes and IPOs too. Look at the SPAC mess recently: they skipped the part where anyone benefits and went straight to cash.