There’s the alternative of trying to obtain more users, or also to retain users by being a better service (although it has to appeal to a different demographic than those trying to leave for this though).
They have a pretty universally bad name now, so obtaining new users only gets harder, and a lot of people leave even without finding a long term match because the service is shit. They can optimize for these factors without burning the place down.
They have no requirement to grow year over year either. That has nothing to do with fiduciary responsibility. It just keeps stock value growing. Prioritizing long term health at the expense of short term gains is perfectly fine a legal.
There’s the alternative of trying to obtain more users, or also to retain users by being a better service (although it has to appeal to a different demographic than those trying to leave for this though).
They have a pretty universally bad name now, so obtaining new users only gets harder, and a lot of people leave even without finding a long term match because the service is shit. They can optimize for these factors without burning the place down.
They have no requirement to grow year over year either. That has nothing to do with fiduciary responsibility. It just keeps stock value growing. Prioritizing long term health at the expense of short term gains is perfectly fine a legal.