Hearing about jobs getting cut for month's now and just looking for proof?If we have large scale cuts just want to be ahead of the curve and get my applications out now.Why wait around.
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Wonder what they will do now that they posted a 29 Million dollar loss ….
https://siliconangle.com/2022/02/24/dells-stock-falls-sharply-unexpected-fourth-quarter-loss/
With all the world on edge and all stock exchanges fluctuating badly how long before executive team makes knee jerk reaction and “adjusts” the workforce ?
The consensus EPS Estimate is $1.95 (-27.8% Y/Y)
Dell Technologies DELL is set to report fourth-quarter fiscal 2022 results on Feb 24.
Dell expects fourth-quarter revenues in the range of $27-$28 billion, suggesting 12-16% growth on a year-over-year basis.
The Zacks Consensus Estimate for revenues is pegged at $27.47 billion, suggesting 5.06% growth from the figure reported in the year-ago quarter.
The consensus mark for quarterly earnings is pegged at $1.95 per share, indicating a 27.8% decline from the year-ago quarter’s figure. The consensus estimate for earnings has increased by a penny in the past 30 days.
Dell's earnings beat the Zacks Consensus Estimate in all of the last four quarters. The company has delivered a trailing four-quarter earnings surprise of 17.93%, on average.
Dell stock keeps going up and up in the last 6 months. The current drop is nothing..
Analysts predicting :
a 27.8% decline from the year-ago quarter’s figure…
Hold onto your butts…
ya, getting into turbulent times now.
Expect more knee jerk reactions as stock volatility will continue and Dell decides to make innovative adjustments to the workforce.
On the consulting side , my whole group was let go except the female lead. Then they hire people to do the work at less pay and can't perform. How do I know, I am friends with the end client
nope, just being truthful. Not seeing it.
I see HR is back online In the comments.
I have not heard of any wide scale layoffs. I'm hearing all good news also.
No one is getting let go.
Record bonus payout and all time stock price baby!!!