#cost

Posts mentioning hashtag #cost

Below are all the posts — topics as well as replies — that mention the hashtag #cost.

Mention #cost in your post to continue the discussion!

TIS SMT Boondoggle - a $400k party at Margaritaville

33 Directors + 3 VPs + 2 SVPs = A tone-deaf waste of time and money.

The math is hard to ignore - between flights, lodging, meals, and lost working hours, this easily represents close to a half-million dollar investment. For that expense, I'd expect a concrete deliverable: a roadmap, reorg decision, or a prioritized set of initiatives with owners and dates. As far as I can tell, none of that has materialized - nor will it. No memo, no readout, no change in direction.

This seems like a good moment to ask a harder question: why does IT currently support a director population this large relative to its actual scope of delivery? A retreat of this size implies a leadership bench that, on paper, should be shaping strategy, but the day-to-day experience for most of the org is that priorities shift reactively, tickets sit unworked, and nobody below the director layer can point to what these roles are actually accountable for.

If 39 directors and above can be pulled out of the building for a week with no discernible business impact, it's evidence the roles themselves may be over-provisioned.


Gas projected to top $6/gal

Seriously considering telling Fido that I literally CANNOT absorb the extra financial cost of commuting to work every day when gas is projected to hit $6/gal. Is anyone else concerned about this? Sure, it’s fine if you live within a few miles but my commute is over an hour combined. How is this okay with Abby and why is no one doing anything about it?


AI and Oil

Two concerns currently:

  1. AI is super concerning after some of the news this week that it could eliminate the entire human race in 10 years.. don’t understand how the company can force it on us and constantly question how we are using it. Not comfortable with it in any aspect of my life.

  2. Their rationing oil in the US at this point. The cost of an oil change is about to skyrocket. We won’t be able to afford to maintain our vehicles. Many top performers don’t live in a city where public transportation is an option when it gets to that point. Thank God, I only have one kid because the cost of daycare and an oil change in the same month means I don’t eat.

I don’t know what the best solution is, but in Office mandates has put a tremendous amount of stress on the workforce - America and the American companies are failing their people who are truly trying to push forward through some very challenging circumstances.


This will result in layoffs

Nestle CEO says Middle East conflict driving inflation, higher supplier costs

  • Middle East accounts for about 2% to 3% of Nestle's roughly 90 billion Swiss francs in sales
  • Nestle may buy strategically important brands as it reviews portfolio periodically, Navratil says
  • Navratil says food manufacturers should join India talks on ​proposed front-of-pack warning labels

https://www.reuters.com/business/retail-consumer/nestle-ceo-says-middle-east-conflict-driving-inflation-higher-supplier-costs-2026-09-10/


FYI - DHS proposing $103,265 fee for many new H-1B petitions

Bloomberg Law is reporting that DHS is proposing a new $103,265 fee for cap-subject H-1B petitions, including petitions involving workers who are already in the United States.

This is separate from the earlier $100,000 H-1B entry fee that applied primarily to workers being brought into the country. That fee was struck down by a federal judge and is currently being appealed.

A few key points:

  • The proposed fee would apply to H-1B petitions subject to the annual cap.
  • That includes the regular 65,000 H-1B slots and the additional 20,000 advanced-degree slots.
  • Universities, hospitals and certain research institutions would be exempt under the new proposal.
  • The $103,265 would be in addition to other H-1B filing costs.
  • DHS estimates the fee could generate approximately $8.8 billion per year.
  • The US Chamber of Commerce says the fee could make H-1B hiring cost-prohibitive for many startups and small and midsize employers.

For employers that hire significant numbers of H-1B workers, this could materially change the economics of hiring. A company hiring 10 cap-subject H-1B employees could potentially face more than $1 million in these fees alone.

This is currently a proposed rule, not a fee that has already taken effect. The Bloomberg Law report is dated August 24, 2026.

Something to watch, especially at companies that rely heavily on H-1B hiring.

https://news.bloomberglaw.com/daily-labor-report/new-100-000-h-1b-fee-planned-for-foreign-workers-already-in-us


DXC's share of healthcare cost

Does anyone know how much DXC contributes towards an employee's health insurance - medical/dental/vision? Just a ballpark number.

It doesn't sound like they contribute 80/20 or 70/30 that some of the better performing companies do. I haven't used DXC's plan bcoz my spouse has a good one but was wondering if I had to use what would my cost vs DXC's be; I'm definitely saving DXC some money there right now.


India vs US salaries

“How much less are the salaries in US Bank’s Chennai India technology center vs US based roles?”

ChatGPT: Quite a bit less. The public Chennai salary data are still sparse and sometimes internally inconsistent, but a reasonable estimate is that U.S. Bank technology labor in Chennai costs roughly 70–85% less in direct salary than comparable U.S.-based technology labor.


RTO in IT Except.....

There are "senior leaders" within IT, specifically within the IT S&S org that have been blessed with the ability to be FULL TIME REMOTE.
Why are these "specials" allowed to work from: Florida, Ohio, San Antonio, Houston.
How is it cost effective for all these leaders to spend 3M $ to meet in MN once a month for a week?
Can anyone shed some light on this? Big bright spot light...


Dreading RTO - how are we coping?

I just paid $4.29 for gas and dreading returning to office full time. Why isn’t Fidelity addressing this giant elephant in the room? This combined with everyday living expenses, how are people making it work?
If they want us back in full time, fine. But is now really the best time? They could let the dust settle, let prices come down, and then require full time back in office; we could continue our schedule we’ve been following for years now until then. It just seems completely tone deaf and I am sick of pretending this is fine and the new normal.


Fantastic Q2

  • Revenue +10% YoY to $2.396B, despite the average fleet being 1% smaller. That’s a strong sign that Hertz is getting more revenue out of its fleet.
  • RPD +9% to $61.98 — a very important metric for Hertz. RPU was +8%.
  • Adjusted EBITDA $81M, up from $18M last year — a $63M improvement and, importantly, above the top end of revised guidance. That’s one of the strongest pieces of evidence that the improvement is real.
  • GAAP net income was +$64M, versus a $294M loss in Q2 2025. That’s a huge year-over-year improvement.
  • The RPD vs. operating-cost spread improved 17%, for the third consecutive quarter. That’s particularly encouraging because it suggests the improvement isn’t simply a one-quarter fluke.
  • Hertz says its full-year RPU should now be above $1,500, its “North Star” target.
  • The fleet is much younger: 94% of the U.S. core fleet is 2025/2026 model year.

Site closure 2027 Westborough and Everett

I found out the other day from a site lead that Boston is imminent. March 2027 is the projected day to have us into Boston both Westborough and Everett. This is very alarming. This is going to incur so much money for me coming from Westborough. I know that they just closed their are in the process of closing the Delaware office so they definitely are getting their ducks in a row to make sure that there’s only certain areas that are open. The site lead was hesitant to let us know but ended up telling us because he felt bad. it’s very concerning to me that both my manager and my director are not even relaying this information. I understand it will cause a spike in people departing, but wouldn’t you rather be forthcoming to individuals that you call a “family I don’t know my time here is definitely up. I’ve been looking, but just haven’t had any luck with finding a new job hopefully I can continue to do this through March 2027. I do not really want to go four days a week into Boston. The cost alone would drive my measly salary more into the ground.


LAUSD Faces Financial Reckoning

Los Angeles Unified School District is projected to face a significant cash shortfall, prompting concerns about its financial stability. The district must revise its fiscal plan within 45 days to avoid increased county oversight. Experts suggest that declining enrollment, expiring COVID-19 relief funds, and rising operational costs are contributing factors. Tough decisions, including potential layoffs, furloughs, and school consolidation, are anticipated. The district is urged to rely on its own cost-cutting measures rather than expecting substantial state aid.

Los Angeles, California

https://edsource.org/2026/lausd-financial-crisis-looms/763170?amp=1


Post Baker Hughes, Just realized the Health Insurance su-ked! I’m talking about the premium one the most expensive one they offered.

Was there for quite a while paid upwards of $1300 a month for many many years.

Deductibles were high, even on the plan where they deductible was the least amount.

Prescriptions were expensive, even with that insurance.

Post Baker Hughes I’m coming to realize that their insurance was not all that great..

Now at a different employer with their insurance, it’s 1/3 cheaper per month deductibles are very, very low and prescription medicine is cheaper.


College Faces Budget Cuts

Lee College is proposing significant budget adjustments for fiscal year 2027 due to an anticipated $4 million reduction in state funding. These changes include eliminating 23 vacant positions, which represent $1.6 million in salaries, and cutting a summer course. The college will also implement a 3% cost-of-living adjustment for employees and increase the benefits budget. Despite these reductions, six new positions will be added, primarily to support the Huntsville Center's Associate of Arts program. The college board will finalize the budget in August.

Baytown, TX

https://baytownsun.com/local/lee-college-cuts-costs-closes-positions-no-layoffs-expected-for-fiscal-year-2027/article_830d3383-23ac-4d4a-bc7d-49de9ad9756d.html


CFO on AI BS

Dominik Asam discussed the company’s enterprise AI strategy, explaining why businesses are becoming more focused on AI cost:

There is now a recognition that AI tokens are not free. Every enterprise we talk to is grappling with the fact that token spending is going through the roof.

There is now a recognition that throwing tokens, in a probabilistic way, at every problem might not be the most efficient approach.

There is also a fear of vendor lock-in, as certain models are starting to increase their prices.

That is why SAP has chosen a completely different architecture. I checked this morning, and we now have 58 large language models integrated into our AI platform.

This allows us to take advantage of competition across models, both in terms of performance and cost. We can also route each task to the most appropriate model.

Sometimes you do not need the most expensive model.

Even more importantly, sometimes you do not need a model at all. You can solve the problem in a deterministic, algorithmic, and easily auditable way by simply crunching the numbers.

At SAP, we have the ability to leverage all of these approaches.

https://vm.tiktok.com/ZN8JPBNvs/


Late to the party like usual

The rest of the tech world is now concerned about AI and its expense. Tokenmaxing is over. Industry is pivoting back to people. But what is CDW telling the street? That they will save 200M by using AI. Not likely, and late. What is CDW telling employees? "USE AI!! AI forward everyone" The amount of useless AI output is a major hidden cost in both tokens and time. Just wait until Q2 and Q3 to see the surprise token expense hit the bottom line.