It's a blood bath for Dell today
24 replies (most recent on top)
Executives don't care. You have to have thick skin to survive at those levels.
Take a look at some of the linkedin postings from these people.
"If we don't do it, our competitors will".
Sometimes, they don't even acknowledge what is going on.
I am hoping employees will feel relief but I am not betting on it.
AND here I thought Tech would be rock solid. NO WAY.
felt good.. karma will eventually hit all the executives and directors who get rid of the employees and just saved themselves.. They will feel it when the time comes.
it's just Wall Street doesn't believe anymore CY27 be EPS of $32 ... at the 20x multiplayer .. down to 17x at $25 it will settle at $425 by end of January (or ealier). Anyone that has cash may consider investing ..
should JC at end of Feb confirm CY28 target of $30-33 , it be back to $600 ..
@g7 If TX has so much oil, why are our fuel prices so high? Oh wait, the oil corporations in TX export it out. They make billions and you get a 2% raise every year. And your beef? Where is it? Sounds like y’all are slacking down there. And all those companies that moved there are the reason you’re blue now. They didn’t hire Texans-they brought their talent with them!
@f2 Oh please. Corporate taxes reduce individual taxes and property taxes. But whatever.
Get rid of JC and it will bounce above $700
@f9 ?? Texas has oil, livestock, finance, real estate, tech......but no pronouns. Good for them.
MSD needs to get his head out of Donny's butt.
Going to need one or all of JC’s t-shirts to plug the drain!
@f2 Weird so many blue states have varying degrees of industry. All TX has is tech and non existent data centers. Thats it.
@f3 yeah but not one id--t spent $500mill just to lose.
Total silence from the ivory tower. Are they drafting a message that we the grunts are responsible for this.
“If you lie down with the devil, you wake up in h*ll”. Unfortunately our heads are on the block for who he cozied up to.
@d7 This post has to be satire. The DNC has "big donors" all over the world.
@d7 You sound elated about the tax man coming. I hope you're not in favor of that because nothing stifles a company's growth like paying mega-taxes to blue leaders which results in massive layoffs and companies going back to China. Guess it's 2012 all over again.
Sell all your Dell stocks now. It will be down to $50 a share by the end of the year.
lets get rid of all remotees Should help
I expect Dell, Tesla and Space X to be out of business by 2029
@bb yes. Based on total BS.
@cx All of big tech was down. The American people have given the big old finger at the patriarchy and oligarchs. Come Jan there’s new Sherriffs in town. Many elected officials won off of shoe string budgets and no big donors. They can’t be bought. Elon dumped 500 mill into the GOP disaster. The people sent a message. We are no longer for sale to the highest donor. There’s going to be a lot of changes when it comes to donations, contracts and tax breaks. Buckle up TX. You’re blue now and the tax man will be coming.
Ironically, that’s also the approximate % of workforce reduction in 2 years.
‘Corporate playbook’ steep personnel cuts yield near term stock hikes, but chronic low morale and distrust, and the financial outcomes of these things.
the fact that Dell was down today when the market was sky high is very concerning.
Up 191% for the year