Thread regarding CDW layoffs

@21p I can tell you mean Liz and purposely left her name out but as a fellow coworker services team member I can say that I agree and have heard the same complaints from her new team. Let’s just be happy we have a real professional in Kate and that we have rid ourselves of unprofessionalism.

HR was horrible and declined when managed us. She promoted useless coworkers to roles that they weren’t qualified to do and turned people against each other. We are in a much better place now that we have an HR exec that knows what she is doing. I hear from coworkers in Liz’s new group how much they despise her but that they fill out the surveys in a positive way because like us, she makes it clear she can tell who answered it a certain way. I only hope you are all spared from the damage she caused us and then blamed her predecessor for the mess she inherited.

Maybe turn it around by hiring Amanda Goodall aka thejobchick as a consultant She recently posted advisement to fire 90 percent of HR tomorrow because they cause more harm than good for business. Stating that HR is the only department that gets a free pass for being completely useless despite generating zero revenue.

@1rw Who the fu-k is OJ? We have new faces again but none of them have those initials? I would enjoy to know what that crypted message is all about.

I am all in on the changing of coworkers that blow. We need to start with the execs and work our way down.

We don't have to ASk them to bring the OJ. The game is over and we all know who hAS the championship belt and who is out. It will take every boss in CDW to get rid of our dead ASinine coworkers and we can bring it again!

The leadership may as well have brough in OJ to find out who really did it.

We complained to our Old Timer
And he finished the tASk. Our problems are done.. TS should be promoted.

By asking your boss to get rid of troublemakers that make this place fu--ing hard to work in. Old timers know how to get it done just talk to them. Our old timer took care of our little nightmare.

How Does This Get Turned Around?

There is no dancing around it....new leadership and Board of Directors is the only way this is going to be turned around for employees and shareholders. Sorry, there is no simpler way to put it. A lawsuit by shareholders for breach of fiduicary duty (among other charges) could get things started for a new board of directors.

@105 man launches startup, company reaches several billion in revenue, passes torch to new man, new man doubles the business, passes torch to next man, next man doubles the size of the company and takes it public, woman takes over, woman big trouble, makes bad decisions, good people leave woman, woman sinks company, oh no woman.

@105 excellent summary of today’s CDW,
trending at 129 per share and the reasons for that 50 percent dip.

Since the late Tom Richards stepped down the only thing that seemed positive was when it was falsely pushed that goals of top line revenue were met. Remember when they had goals to get to 20, 21, 22 billion? How did they meet those goals? Through acquisitions not through growth in the current business. They spent $2.5 billion for Sirius, because they said Sirius had a better services model and drove a high per hourly rate. Before that purchase the leadership didn't invest in improving the services division, they held back. Think about it why didn't they just invest the $2.5 billion internally and build an amazing services team. They did it to solely and quickly increase the top line revenue to meet a goal. A goal that lined the pockets from stock options. During the time of Tom Richards the culture at CDW was amazing. Look at the decline and ask yourself what has changed, how that change has impacted the company, and has anything changed to address what has changed to improve the company? There are a lot of really smart people at CDW but the leadership does not have open minds to ideas. They are supposedly doing things now that people mentioned should be done over 5 years ago. That means the business is very far behind. If they would open their minds to the ideas of their employees they might just find a diamond in the rough that could restart the engine.

@q7 Stock market continues its meteoric rise, including tech. CDW at 52 week lows. 'Nuff said.

@a2 In 2022 the market cap was $24 Billion. Today it is $17 Billion. It is beyond the time for wholesale change.

It's really not that complicated.

Fire about 1/2 of management and replace them with AMAs. You should be able to get about 2-3 AMAs for every manager head. Watch sales take off. Being able to have AMAs handle all the SF work, bids etc while sellers sell.

Lead Gen - this is the only thing I think they are doing somewhat right. I pitched this to Norm 5 years ago and he sat on it. SCC should field inbound, qualify them and move them to sales to be worked. They keep a split for a set period to make them motivated to do so.

Automatic reassignments. Unpro accounts with $0 spend are automatically moved to house.

No territory limitations. Unleash the dogs. If an account is in house accounts it should be free game. Money in is the same regardless who works it. It's not like 80% of sellers aren't already in market.

Hybrid BDMs - let's face it, all sellers don't sell all things. Some are great at client, security etc, but don't sell DC. Some focus on DC, but don't touch client. I should be able to elect accounts I want help from strong DC sellers for example and have people opt in to help. The get a split of anything DC they bring in without carrying goal. ITS is not what I mean. This allows folks who are account limited to sell more of what they like to sell, and folks who aren't skilled yet to get help from good sellers in areas they lack.

GTM isn't it.

Time for Bull$sh!t Bingo! =at what dollar point for stocks value do the Owners take action or we see the opacity turn into transparency and real reasons why? 120 110 90 85 65 ....25=new adventures for old christine?

The buck ultimately stops with Leahy.

No amount of further layoffs or offshoring is going to turn things around.

Any other business would have made serious changes at the top by now. Just how much longer is it going to be allowed to continue?

Leahy has lost focus since her divorce, and the acquisitions failed on the integration front. Spin off CDWG as a separate entity, and break out advanced services and tech as a stand alone enterprise independent of box sales. The legacy business is akin to what's happening with media companies. Focus on the new and shed the declining assets into a different enterprise that can navigate with a separate strategy. Right now everything is going down with the ship. We have done share buybacks of a billion dollars over the last year and yet the stock is at $135 versus 240 a year ago.