the continuous DELL troubles, continuous layoffs, shrinking vacations indicate one thing - there is a problem with the DELL business model - it is bad, it is problematic and it is not profitable. My question is what 120,000 people are doing in this company which is barely profitable?
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HPQ has 80% Dell revenue with half employs number, so do your own maths.
Dell's business model was always about operational efficiency, short supply chain, cash conversion, good products. But it was never "really" about trying to invent anything truly unique or revolutionary. Even patents were always viewed as "how soon to revenue". The problem is that this model hasn't evolved as hardware has become more and more of a low value commodity. They have been trying for many years to spend money on high value areas such as software and now AI, but those have all failed. To me, all of these layoffs feel like Dell is rightsizing to just be a commodity hardware company. Commodity hardware has no need for extra headcount, so you just reduce down to what Bain says your rev/headcount should be. Companies that are trying to innovate don't count heads that way.
Collecting a paycheck. My other question is how does a non profitable company have a shareholder volume of 11M and was on the market at $102.00. Lots of d-mb people out there. It’s financial engineering at its finest.
I logged a ticket with Support for this exact problem. Should be fixed any day now.
It’s more like 113k now, with a downward trajectory to below 100k.