Thread regarding CDW layoffs

How low do you think CDW stock can drop

I’m going with 150

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| 4692 views | | 48 replies (last November 28, 2024) | Reply
Post ID: @OP+1vzcFPl9

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I promised everyone here who is still with us or was exiled that I would look into what was written on all these posts. I have been here almost 20 years and know people in the different depts who tell me the truth confidentially. they are all in the know because of their higher level positions. To those that told me and may figure out that it is me. I will not now or ever expose any of you on the sh-t you shared this with me.

Are more layoffs coming? Yes but not until the second quarter from what a coworker told me.

Was there really a cyber breech and did the safety security lead try to explain why telling the customers was customary and was told no in front of others on the meeting? I am told by 2 coworkers who know are safety security and cyber security and know about the meeting that yes he did and that the legal beagle leader was the one to tell the group not to share anything inside or outside. The safety security leader was pi---d and had to call a customer with people he knew confidentially because they were one of the groups who were compromised and he chose to pass it on to the customer. I say buy that man a beer. My source also they should have listened to his boss because he knows cybersecurity too and was trying to help when he was shot down while talking by the legal leader. He said the IT executive also was on the call and agreed to keep it quiet but the Safety Security lead said the IT executive doesn't know as much cybersecurity as he thinks cause he was doing all the wrong sh-t.

Are coworkers being harassed? The short response from my contacts is YES at the dc's and yes they were told not to call the Ethics Helpline and to just tell their managers but some don't trust them so they don't say anything.

Was the g-n thing mentioned in many posts for real? My safety and security source said yes. They saw it and months later he made a joke about it. He told a joke about it in a small team meeting and my source called the Ethics Helpline and nothing happened. My source went on to say his boss met with all of them again after that meeting as a way to tell them he knew and scare them. Then he spoke to them one by one and scared the sh-t out of them again. Their boss told some of them he thinks he knows who reported him because only a handful there. My source said legal talked to the safety security leader about the g-n but no punishment was handed down because of his long friendship with the legal leader. I told my source he should report it anonymously on the survey but he said his boss told them that he can see how many women, men, race, age group answered a certain way so his team now has the best surveys ever. I don't believe they can see that or I will have to shut the fu-k up too when I do mine. The g-n thing bothers my source because it is illegal in Illinois where it happened. The poster below that thinks it might have been in Vegas is wrong. It was in Illinois according to my source.

The posts talking bout the workplace culture su-king seems to be hit or miss, It doesn't happen on my team but it does in others. I spoke to more that agree it does.

The free police or security guy for our CEO is true. Everyone seems to know who he is and yes we pay for it according to my source but the board approved it. It is cause if something bad happens to her it could hurt our company financial. It is unfair and she can afford to pay for it but in hind sight I am good to go with it.

The outside firm having to come in to fix coworker success was true according to my source at success and one in safety security who was told by their boss. They both said it started before C.W. was the VP of CS. She inherited a mess after coworkers were promoted because they were friends and others were left behind. It caused some challenges that the VP had to deal with. The VP that fu---d it up before C.W. took over was the cause but was a friend of our CEO. Both say they couldn't speak up in Coworker Success because they all know of the friendship and how she was given a the VP of CS with absolutely no experience. To Carolyn, we are sorry that you had to be tough on some coworkers there to try to fix the egos and backstabbing because a unexpirienced leader fu---d it up before you entered CDW.

The drinking and legal weed in the office. Not totally correct. We enjoy some at lunch but don't bring anything into work. The comment from someone that was going to call the board directors I don't have the slightest who it was or if they did but it would be good. That one is like finding a pin in a haystack. My source says one coworker in safety security is reading these posts and so is the communications coworkers. That's some bullsh-t.

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Post ID: @2lom+1vzcFPl9

I learned something about why they do layoffs the way they do. The poster in the below section about guilt explained what happened and it opened my eyes to why good people are let go. I thank the older coworkers who fill us in on the sh-t they are up to. We come in working hard and when this happens to a good person, we wonder why.

The posts in that section with the header with the word guilt in it are worth reading and now I understand and agree with the need for a union.

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Post ID: @1jix+1vzcFPl9

You know, I just did some research and it is not uncommon. Microsoft and apple have unions and so do other tech, communications, and more successful related companies and reading from their coworker's ability to get higher pay, lower benefit costs and lower out of pocket costs, and job protection and large severances, it may be good for us on the tech team. I emailed a few unions and gave them some information and links and they seem very interested and even gave me examples of how they protected coworkers at other companies. One was a friend of mine at a medium sized national tech company and he really likes their union. He said it is common for tech companies and those that do what we do to have them in many countries and it has been growing here in the US of A. I did not get laid off and can't afford to so I am all in for a union for my tech teams too. What I have read here and I called friends in those teams to see if it was true and they all said that the rumors are true. CDW is just not what we were and I agree with most of you here to at least listen to the Union.

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Post ID: @lyc+1vzcFPl9

Its hardly a "dumpster fire". /that being said, since Leahy & Company's main priority is stockholder return at all costs, unionization would probably be a very good thing, not just for warehouse types, but also for technology teams,

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Post ID: @spy+1vzcFPl9

It will go lower. Customer confidence is low. My customers know what is happening here and looking at other options just in case. Some coworkers who left took customer lists and pricing with them because they were preparing months ahead when the rumors of second wave were out and eventually happened. Now there is a rumor that the quarter two or three will be the next wave and I'm sure our coworkers are preparing to leave with information again. The adding of unions at the distro centers would force us to pay our coworkers in the distro centers in Vegas and Vernon Hills more and stop our automation initiative which means that we would have to increase the costs of our services to pay for it. I don't blame our coworkers there to seek more money because we are taken advantage of them. Do they even know their managers and Directors and VPs whose bonuses alone are larger than their salaries? Do they know the best sales coworkers, like me, still go to Caribbean islands and spend a week there at the most expensive resorts and have meals and excursions that cost thousands of dollars all for free. I would like to see the best performers at the distro /centers join us next time since they do the hardest work for us. Do they know our executives have divorces and get the benefits of a free safety person that drives them and travels everywhere with them and CDW pays? I support their unionizing but it will reduce our office coworkers bonuses too. But it is worth it because most of them would be losing their jobs when automation started. It is a race against the clock for them and I thank them for all they do to give me my 6 figure salary and bonus. So all points to lower value stocks.

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Post ID: @ppb+1vzcFPl9

At least they had the money to have Counting Crows perform at the partner meeting in Las Vegas. We work, pushed to put part of our income into CDW stock for the 401K match and upper management plays while revenue and the stock price plummets.

Time for the Board to step in and make the necessary changes. Too many of us at CDW are relying on that for our retirement.

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Post ID: @eai+1vzcFPl9

Whats a good metaphor for all the up and down motion. Rollercoaster or perhaps a schooner riding a Moskstraumen?

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Post ID: @nux+1vzcFPl9

Why aim so small? Let's get this bad boy to reverse split!!! Maybe the board would finally take action to save this dumpster fire then......

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Post ID: @owj+1vzcFPl9

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