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2024 Layoffs

The 2024 layoff was an absolute cluster. The company basically lost an entire year due to one of the most inept corporate executions I've ever seen. Everything was at a standstill between December 2023, when JD made the layoff announcement, and September 2024, when EH came on board. Now think about a company of this size being at a standstill for a year... there was no way this was going to be a quick turnaround, regardless of what anyone said. Even if the layoffs made sense, their poor execution negated any impact it was supposed to have.


Can’t sell raise price, the Dell way of business

Dell announced price increases for its commercial PCs, sparking worries about the potential impact on customer demand.
The price hikes were reportedly driven by a shortage of memory components, with some estimates suggesting increases of up to 30%. This development led to unease among investors about the affordability for business customers and its potential effect on sales.


Control and power is not a substitute for competence

You all know who you are. And we all know who you are as well. Your insecurity is laughable. Keep talking more and more. Quietly listening in your meetings I love hearing about your control statements about “your money”, “your model”, or how you’ve never seen so many people invited to a peer review before. Actually heard one of these guys recently say “ I actually have a college degree”. Funny both poor examples I saw today are COP leaders.

I happily heard competent people today as well say “our money”, “the relevant people”, and “our model”.

Chevron needs team players to win in any environment, not insecure power trippers. Please get with the program.


Railroading

Where in the strategy of the Lexmark acquisition was there the action to railroad Xerox completely. Xerox is far from perfect (and Lexmark is far from perfect as well. They did lose £600M last year) BUT Xerox does have a heritage, does know some stuff and has done some good stuff and yet Lex are railroading every decision - ignoring Xerox people, no regard for any Xerox experience and ignoring everything that has ever been done. Why don’t the EC just pay off Xerox people and leave the apparently-Lexmark-wonders to manage it all?


Spending on Fire - no one watching or cares??

There are many, many fun and frolicky events taking place and planned for January and February, sponsored by senior leaders, who have zero concern about spending money. Pretend meetings with special team building events costing hundreds of thousands of dollars. Can the Board know? Company is crying poor mouth and yet leaders seem to have no concern dropping company money on ski chalets and wine tasting.


Last Stop...Etria?

Xerox demise used to be compared to Kodak. Now more like iRobot. Is the iRobot putt one xerox can even read? Would Etria even find xerox valuable enough for the paperwork?
https://etria.global/en/


Nothing to see here (no layoffs), move along

Oracle defends infrastructure spending spree amid mounting AI demand

The company raised its fiscal year capital investments forecast by $15 billion as its cloud backlog surpassed $500 billion.

The company defended the $15 billion increase with assurances that the investments were tied to committed customer spend. “The vast majority of our capex investments are for revenue-generating equipment that is going into our data centers,” Principal Financial Officer Doug Kehring said. “We are confident that our customer backlog is at a healthy level and that we have the operational and financial strength to execute successfully.”

https://www.channeldive.com/news/oracle-capex-spike-cloud-ai-data-center/807716/


Lots of friends and family are porting to TMO after the massacure

The strategy is not working so well to delight the customers. Don't CEOs realize that word of mouth via your worker bees is crucial to company success. Anyone else have friends jumping ship? I am not even bad mouthing VZ, this is all being done based on their own intentions from all the news about the RIF and knowing I was a casualty.