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Only plus is it has kept people in a job for 2+ years albeit doing meaningless work. Least bit surprised, it's the norm, once again yet another great Dell efficiency initiative #fail

Sampath was behind the price increases that drove customers away. Dan has said that it doesn’t make sense to increase prices without providing additional services in return. (Duh!)

Sampath must have skipped the Econ 101 lecture on Price Elasticity of Demand.

Verizon’s previous leaders were very impressed by him since his days consulting for them while at Boston Consulting Group. His performance has been thoroughly unimpressive.

#Fail

You know that’s going to be the why. Here’s an interesting metric, we go 5x RTO, costs go up, revenue down, sure sounds like all that “togetherness” and “culture” are working out great to make us a faster more efficient company. #fail

“.. This is the worst management I've ever seen, with failures on all levels. Get over it already. 🤦‍♂️ #fail inefficiency.. “

while not an unconditional fan of the entire team, come on, growing Mist to a $1B business in the enterprise is a success story.
clearly the startup mentality is a bit overwhelmed with a $14B merger undergoing regularity oversight at this stage. The leaks are clearly not helping.

"GM needs to compete again."
General Motors has the highest market share of any automotive manufacturer in the United States. Despite losing market share in the last 20 years, it is STILL the TOP COMPETITOR. #fail #doyourownresearch
https://www.storagecafe.com/blog/top-10-largest-car-manufacturers-in-the-us/


GM bought $10 billion in stock buybacks in November 2023.
https://fortune.com/2023/11/29/gm-stock-buyback-10-billion-electric-cars/


GM cash on hand as of December 2023: $26.46 B.
Because GM bought $10 billion in stock before this, it is presumed that GM ended the year with this much cash. READ: GM IS NOT BROKE.
https://companiesmarketcap.com/general-motors/cash-on-hand/


Stats:
There are 3,876,202 GM stocks in the wild
Current Stock Price is $43.08
GM stock has a quarterly dividend of $0.12 per share, which is PATHETIC.
GM's investor website is: https://investor.gm.com/sec-filings


The top 3 GM shareholders:
BlackRock, Inc. - 125,771,387 shares
The Vanguard Group - 110,305,628 shares
Capital Research Global Investors - 78,403,820 shares
PS Blackrock and Vanguard require DEI & ESG compliance if you were wondering where that came from.
https://www.investopedia.com/articles/insights/052316/top-4-general-motors-shareholders-gm.asp


Mary is promoting GM platforms at that conference. That is what she is paid to do.
Not the successful troll you thought it was.
#fail

Negative vote for posting a link to a website that requires a subscription. #FAIL

So on a list of people in Enterprise Application Services reaching service milestones from 1 to 20 years in Oct through May that was communicated today, quite a few were laid off earlier this week. #fail

SD on LinkedIn

I am finding it hysterical that SD (CEO) has a post on LinkedIn. It has 56 likes. Next is a post about some random meaningless topic that barely anyone would be interested in. It has 253 likes and 90,000 views.

Yo SD #fail!
And nobody matters at Staples! matters to Staples!
Ask for people to volunteer for layoffs lately?

Cloud #Fail @IBM

IBM had massive, world-wide outages in their cloud platform on April 28 and 29. Both were unrelated to each other. They were screwups of simple things like DNS and network config. The failover config that is supposed to provide high availability and prevent this from affecting customers was done wrong and never kicked in. This is IT 101 stuff. IBM had by far the worst cloud downtime in 2015 (17 hours compared to Amazon's 2 hours the whole year) and this has really blown their 2016 number already. There were also disc failures on a massive scale, which says something about the hardware this house of cards is built on.

Anybody out there feel warm and fuzzy about running their business-critical systems on IBM's cloud platforms? Didn't think so. This is what happens when you "save money" by firing your experienced, knowledgeable, well-trained staff in order to off-shore and also bring in a bunch of H-1B "cheap resources" with fake degrees, no experience, very poor communication skills and no knowledge of the existing systems and how they are set up. Plus, the remaining employees that are experienced and knowledgeable are so demoralized by the disgusting actions of Ginny and the board, they couldn't care less. This is what happens when you turn a tech company over to the marketing, sales, and accounting people.

They want to convince the young hires/tech slaves that Qualcomm is a hip and relevant place to work/slave away. #fail