30 Dumb Decisions Companies Made Then Regretted After It Was Too Late
Apparently, not every business has a strong company strategy.
Some companies make one bad call and spend years paying for it. Others make a string of them, then watch the damage pile up until the market has already moved on.
This roundup looks at the business decisions people still talk about, from missed tech opportunities to brand missteps that helped push major companies into decline. The original post asked Redditors to name the dumbest choices companies made and later regretted, and the replies came fast.
Here are 30 examples of companies that blew their chances, and in some cases never recovered.
They blew up every golden opportunity that came their way.
WolfgangCaesarInstead of catering to their largest customer base, they did the opposite.
WolfgangCaesarYou'd think they would have some kind of time limit.
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That kind of timing mistake can haunt a company for years.
Really bad move.
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That's actually insane.
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Wow, reverse psychology.
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Raikkonen forgave millions from those bonuses so people could keep their jobs.
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This is just sad.
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This has to be the worst business idea ever.
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Some of these choices were hard to recover from once the damage was done.
No one even tried to reboot MySpace.
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Another bad decision.
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Kodak was all the craze back then. SMH.
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Reminds me of Orkut.
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It’s insane how diversified that company was.
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They were ruined long before that, to be honest.
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Legend has it that it was the anonymous bullying that led to all this.
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That’s the kind of detail people never forget.
It’s a lot like the business owner weighing whether to accept in-laws’ money, despite their financial past, in this “should I let my in-laws invest in my business?” conflict.
They also removed commission.
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Fun fact: Kodak invented the digital camera.
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Barnes and Noble brings back so many memories.
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Wow, I didn't know this.
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If it's not broken, don't fix it - gone wrong.
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This hurt everyone, though.
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Don't mean to laugh, but ROFL.
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Missed opportunity.
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LOL.
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This is wrong, but wow. I wonder what they were thinking.
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There was so much outrage when this happened.
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This also put everyone off Google+.
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Bad idea to keep using the same name, honestly.
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Radio Shack in the '90s was magical.
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Companies spend a lot of time forecasting and planning, but when they miss out on opportunities, all their calculations and forecasts go down the drain.
No one is immune to bad decisions, but in order to survive, we must ride with time and latch onto better opportunities.
Some brands never get a second chance to fix a mistake like this.
After refusing to repay a friend for a failed investment, see how that argument played out in this “should I pay back my friend after an investment disaster?” debate.
