Thread regarding Insight Enterprises Inc. layoffs

Re-Joyce count down...

Well, that was fun, more value of the company obliterated in less time then you can chat the GPT. So many mistakes and fumbles...

Countless bad hires
Endless RIFs
Missed Quarters after Quarters (more like Y/Y misses)
Unlimited amount of Fuchsia bad fashion purchased
Mediocre acquisitions
Not retiring but got the BOOT
No longer the all female C-Suite bunchy bunch
Woke beyond belief
Endless RIFs (again... and again..) ± 1,000 people let go or MORE
Hustle in the Bustle
Off Shored Jobs - ±850 or so or MORE
6.2Bil of Value Reduced to 1.9Bil of Value
Precipitous Stock drop - 56% (or more) in two years
Endless more RIFs
Did I say terrible HIRES?

What a legacy, like a pinnacle of a legacy, like an empire of dirt or sand in the Sonoran desert.

At least she learnt how to spell AI

LOLOLOLOL..... Later!


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| 1 view | | 2 replies (last April 10) | Reply
Post ID: @OP+1knh1r81c

2 replies (most recent on top)

In the recently released annual company report, the desperate narrative had to go back 5 years to cite growth... Desperate for sure.. Well if you look at 5 year performance, it actually looks like this:

5-Year Return NSIT -28.28%
S&P 500 (^GSPC) +65.29%

3-Year Return NSIT -51.25%
S&P 500 (^GSPC) +66.25%

1-Year Return NSIT -49.67%
S&P 500 (^GSPC) +25.06%

If you zoom out an look at GAAP performance, it looks even more bleak.. really... Financial wizards abound in spades.

Talk about stellar performance and wh-z-bang results.. YAWN...

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Post ID: @wb+1knh1r81c

Even the institutional investors are bailing.. yet again, price target lowered, yet again. Layoffs happening, yet again... Wait let's blame Re-Joyce while she is still here getting paid. Wait... Let's blame Krusty-Burger and his crew... Wait.. Let's hire a bunch of washed up IBM and Cisco folks.. WIN WIN WIN to the WINNING Win! What a dog that has been kicked to the curb... WINNING while we WIN. Hey, I know, let's do a theme about winning while the toilet is getting flushed. How about LION MODE winning? Hey, I need a medal about LION MODE, cause I am a financial wizard. LOL my A$$ off.

There are 347 funds or institutions reporting positions in Insight Enterprises. This is an decrease of 300 owner(s) or 46.37% in the last quarter. Average portfolio weight of all funds dedicated to NSIT is 0.09%, an increase of 47.00%. Total shares owned by institutions decreased in the last three months by 25.91% to 31,552K shares.

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Post ID: @r1+1knh1r81c

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