Obviously things are good in the US with this many hires last month yet Dell is in another major canning spree...
We continue to do great numbers too quarter after quarter. Makes no sense other than MD getting bad advice from JC to cut cut cut.
I highly doubt either of them know whats actually happening in the trenches.
Of that 127k were private businesses and 35k were government jobs with bars and restaurants accounting for the vast majority of the jobs overall. Kind of blows up your narrative huh? Remember, this happens every year as college kids go back to school and take on jobs in the service industry. Tech companies lost over 23k jobs in August
@OP Twinning Dell with North Korea! Their coercive behaviour over the past few years, they don’t deserve the workforce they have. The young, the supposed future aren’t d-mb, they feel this the same as the rest. Good fckn luck if you indeed still need a workforce.
It is the JC-Bain playbook. Anyone who doesn’t know that just hasn’t been around long enough or at a high enough level to understand. Being the hammer is what got JC where he is - and we are all nails.
@OP JC is not the one advising for WFR cuts. He's too stuupid to know what day it is.
It's BAIN running the company now. All these cuts are coming from BAIN in prep for selling off pieces and parts of the company.
But still keeps people who make big money and do nothing!
Read the explanation on the recent numbers.
More sales with less operating expense. Read that again. More sales with less operating expense. Less operating expense means cutting people. So far, things are working in their favor. In fact, this trend has gone on since 2020.
Once you understand that fact, venting about it is pointless. They are going down a path that increases stock value. There is ZERO you can do about it. ZERO.
I find it hilarious that some people think MD is out of the loop and has not idea. It’s all very calculated and intentional. There is no accident to any of this.
MD knows exactly what’s going on. He’s not some fool blindly taking bad advice from JC. 😂
“It’s a big club, and you ain’t in it.”
None of us are. We’re just chumps fighting over chump change while the big boys count the real money.