zombie companies in 2021

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Developer news items we found relating to zombie companies in 2021

Zombie Companies in 2021

In the investment world, there is a financial concept known as a “zombie company.” These companies are only able to remain in business because financial debt is artificially cheap. When rates rise to normal levels, they are not able to survive. In the IT world, the pandemic has exposed a new type of zombie company: a company that has not digitally transforme...