Borrow Money To Buy Back Shares so Per Share Numbers Go Up.
Layoff employees to free up cash to service increased debt payments.
Lay an egg on Wall Street.
Repeat Cycle.
4 replies (most recent on top)
Smoke and mirrors.. eventually the company will collapse or sold off piece by piece.
The really stupid thing is that HPE is built on the backs of its employees. It's a SERVICE organization. You can't offshore innovation and quality. You can never improve a service organization by firing experience and knowledge.
I guess if you can continue convincing your customers that the McDonald's fry cook in back is still serving out food worthy of a Michelin Star, you can keep cutting back on the talent. Personally, I can't see the customers putting up with that much longer. They will figure out they are getting dollar menu food at caviar prices and leave.
Works until all are laid off and there is no value left in stock
We are on that path
Works like a charm every time. Time tested strategy that has stood the test of time !!!