Before the holidays probably not but after recession hangover, crowdstrike debacle, and ai disappointment who knows..beyond the hype, the current AI business model has serious issues. It’s unsustainable, both financially and environmentally. Training large AI models requires an astronomical amount of computational power, which results in a massive environmental footprint. Many AI companies have yet to prove their technology can scale profitably. Potential doesn’t pay the bills. The focus has been on pumping out AI-driven features without thinking about long-term sustainability. Companies are burning through cash chasing AI headlines with little consideration for what actually works — or lasts..
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Based on recent clues like sec filings that were noted in other posts, private meetings in my directors calendar and silence from our leaders, surely there is an acquisition coming soon. That will be the only way to fluff up the stock. Or a huge blowout in q3 which we all know is not likely. Yes, of course there will be more layoffs in January. Even this leadership team wouldn’t be so heartless as to terminate us during the holidays. Right?
Any modern, large, public company will review performance and make cuts. CDW coworkers thinking that we will have long droughts between cuts as it was years ago - that is gone. The company needs to perform better so that they stop doing this.
They're bringing in unlimited PTO to make layoffs easier on their wallets, and wrapped it up as a 'perk'. Of course it's not over.
In another thread here, someone commented that there might be more in November but that it would be concentrated more on directors and management but as always, consider that rumor. After that, the predictions are that if Q4 and Q1 '25 are soft again, come April 2025 there will be another massive round. Especially since they won't owe anymore untaken PTO as of 4/1/25. What an April fools day.
- The people running this garbage company are year round fools...not just during the month of April.
In another thread here, someone commented that there might be more in November but that it would be concentrated more on directors and management but as always, consider that rumor. After that, the predictions are that if Q4 and Q1 '25 are soft again, come April 2025 there will be another massive round. Especially since they won't owe anymore untaken PTO as of 4/1/25. What an April fools day.
I can't stop worrying for some reason.