Dell's Net income last year was $683 Million last year. Yes it was down from 1.2 Billion but instead of improving customer service and figuring out a way to compete they cut 8000 jobs to get there stock to go up.
They still made a profit of $683 million!! And I can guarantee you that they won't expect less work done, it will be shifted to other people who won't make any more money, will have to stay late, will feel like they can't take time off because when they get back the work will pile up and they'll be more stressed than before they left. This country sucks for vacations to begin with and i know lots of people who just don't take time off because it's worse when they get back then when they left.
I know some people will argue this is the way business is done but i think it sucks. At what point does excess profit equal corporate greed. If you look at it this is 8000 people who will be out of work. People with families and homes . I realize if these people average a cost of $100,000 to employ that's $800 million dollars and Dell makes more that 2005 but people should be more important than money especailly when you still made $683 million in profit. I could see if they were losing money or just getting over the break even point but jeez.
I guess I could never be a CEO of big company but I just hate hearing the same thing over and over. These companies expect profits to keep rising and rising so stock stays high. When is a company ever happy. I know, if your not moving ahead your moving back blah, blah, blah.
My boss and I were talking about this awhile ago. There has to be a point where you saturate your market and are going to level off. So many companies in my opinion have come and gone because they hit the saturation point and try to figure out how to keep the bottom line up instead of focusing on keeping there base cleintelle happy and content and staying with them. The people who have gone with them are forgetten so they can go after the people who aren't with them. They spend tons of money to get those people and those people don't switch because they are happy where they are. Sorry for the ramble there.
I am sorry but I dislike the way business is heading where employess are nothing but discardable pieces of nothing who they think can easily be replaced.
It comes down to one word. Greed.
I am sure some people will disagree with me and that is fine but everytime I see this it makes my blood boil and I had to vent somewhere. Since this is the only message baord I am on what better place. Thanks.
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