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The real reason was private equity
https://www.bonappetit.com/story/instant-pot-bankrupt
It’s always private equity.
Corelle/Pyrex is its own story of going from the best product to "good enough". Simple point, if you find yourself some old stuff of theirs, hang on to it because you can't find anything comparable anymore. Same can probably be true of other old brands of products. I found an old Whirlpool dryer that I won't ever let go of for the same reason. What will eventually fail on it I can either fix or buy a new, cheap part.
Right. Like I also hate capitalism as it exists today, but it is definitely possible to make a living making GOOD products. You just can't make billions doing it. Even if the product was LITERALLY indestructible, people will lose them, plus they're always making new people. It's just a lot slower than if you make a shit product people have to keep replacing