Learn what "this company used to stand for something good" means, when people say it, and how to use it naturally in English.

It means the speaker thinks the company once had good values but has lost them.
From The Ceo, Episode 29
The speaker criticizes a company for no longer living up to its former values.
Use this when criticizing an organization for changing in a bad way. It can sound reflective and disappointed, not just angry.
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