this post was submitted on 21 Feb 2024
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Dell RTO mandate said to be a stealth layoff, for women (www.theregister.com)
submitted 9 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
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[–] Rentlar@lemmy.ca 44 points 9 months ago (3 children)

In November, Dell reported Q3 fiscal 2024 revenue of $22.3 billion – down ten percent year-over-year.

Hm, maybe this is trying to hide post-pandemic contraction...

Profits were healthy, however, at over $1 billion for the quarter, a 317 percent year on year rise.

IT'S UNION TIME

[–] FenrirIII@lemmy.world 13 points 9 months ago

There was a unionization attempt at Dell once. They laid off the entire group and moved their jobs overseas.

[–] kyle@lemm.ee 7 points 9 months ago* (last edited 9 months ago)

~~I might be a moron, but how can a business be down in revenue but up in profit?~~

Edit: confirmed moron. Their expenses were just that much lower.

[–] abfarid@startrek.website 3 points 9 months ago

But it's also tail time, right? Right?!