Dell SEC Filing Signals Fresh Round of Workforce Reductions

https://www.sightsinplus.com/news/dell-sec-filing-signals-fresh-round-of-workforce-reductions/

114 points · 7 comments · view on lemmy.world

7 Comments

BrianTheeBiscuiteer@lemmy.world · 25 pts · 78d (2 replies)

Buybacks to follow.

AliasAKA@lemmy.world · 16 pts · 78d (1 reply)

It should be illegal to do company stock buybacks within 1 year of any workforce reduction which is the lesser of 3% of work force or 100 employees.

EpicFailGuy@lemmy.world · 3 pts · 77d

it should be illegal period .... or at least SEC regulated (if we had an SEC that wasn't a captured agency) There should be a legitimate reason other than shareholder greed.

FlashMobOfOne@lemmy.world · 4 pts · 77d

I hope the people making decisions at Dell all get ass cancer.

NM_Gringo@lemmy.world · 3 pts · 77d (1 reply)

Laying people off to fund stock buy backs and there are zero consequences.

FenrirIII@lemmy.world · 2 pts · 77d

Yay Capitalism! /s

EpicFailGuy@lemmy.world · 2 pts · 77d

well .... times are hard for dell ... it's not like anyone is building any data centers or investing into digital infrastructure anymore.