They have removed 401K, cut costs at all operating assets beyond belief, taken away COLA, expat reductions, given no pay raises apart from the MC, etc.
How else can they squeeze another few billion. We all know the dividend would be cut.
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How much of profits are from divestments?
We easily covered the dividend last quarter and paid off debt. It will be even better this quarter.
My bet is still on Billings
Asset sales. Two announced this year, one more to come
The dividend will not be cut - that is crazy talk.
The company assets will be sold off in slices beginning very soon.
Keep your pants on.
Make the working environment gruesome so people would leave on their own. Then hire contractors or send to jobs overseas to cheaper locations. Oh and then do the same at cheaper locations too. #winning. We are DWs ExxonMobil!
You forgot sell the factory.
Don’t forget the educational reimbursement
It’s called TMTS
Pay cuts, getting temp workers, and shutting down sites.. anything to save their dividends