Thread regarding Dell Inc. layoffs

Real reason for RTO: tax code

Companies cannot expense land/building and/or amortize equipment/capital expenses if there are no employees actually using it.

Dell liquidated a lot of buildings and land. What they have left they want to continue to qualify for tax write-offs and amortizations.

So again Dell sacrificing employees for pennies.

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| 2003 views | | 5 replies (last October 15, 2023) | Reply
Post ID: @OP+1p5wOH9C

5 replies (most recent on top)

"I posted it before."

No you didn't. Only thing here was guessing about some sort of kickbacks from local gov bringing employees back into cities. Those breaks are negligible

I am talking actual fed schedule and charter for businesses

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Post ID: @1dux+1p5wOH9C

I posted it before. That’s 100% one of the main drivers. There are standards that they have to meet in order to get those breaks.

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Post ID: @1zjf+1p5wOH9C

Michael He-l is worth $50B. At 10% return that’s $5B a year just for breathing. He’s is exactly what he is. And now a laid off worker ki-ls himself.

Sure. Everybody must come into work in those laughably insecure slums they call offices.

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Post ID: @ymq+1p5wOH9C

This may be part of it. But it really has more to do with control freaks who want minions in a physical place. They realized they were losing control of the very idea of employment when people started having side gigs while also still completing all of their work, and realizing they didn't need to feel emotionally attached to a "job." They're just managing us "little people."

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Post ID: @fya+1p5wOH9C

Why be good to your employees, the environment, and society as a whole when you can penny pinch and go for another yacht?

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Post ID: @cst+1p5wOH9C

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