@a7 well yes, no one talks about it as everyone is scared Shitless about where the next rounds of cuts are coming. By two quarters from now, there will be more employees in India and the Philippines than in the US. More folks are bailing than they are getting fired, it's really not that hard to read the tea leaves around this place. Blood bath yesterday over at CDW this place is no different. Prop up the numbers but cutting workers. Accenture-steak-loving genius has no new playbook, it's going to be the same old old old story, if you are over 50 and cost this company too much $$$ you will be cut. It's a shame that those rules don't apply to this management team who are all over 50. Seriously.
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@a7 why the execs seems to walk around like they know nothing is just a guise to help you think that no one on your team is going to disappear, until they do. The heat is only getting started here in Chandler and everyone is walking around on pins and needles waiting for the quarterly fun to begin. The area where I sit was once full has steadily emptying out. Everyone I talk to has had to pick up more with no extra pay, bonus or merit increase, but was just looking it up and seems that some execs got 8%-11% raises?? Talk about disparity between those that actually do the work and those that talk about the work in offices all day long working on lists of jobs to off-shore. Shame on you.
@141 Check out the volume on May 5th. I bought at $70/shr. Pretty pleased riding the elevator up higher. 1. borrowing is cheaper than equity 2. buybacks increase EPS immediately 3. debt is tax deductible 4. management believes the stock is undervalued (and generally knows things you/we may not) 5. buybacks avoid the permanence of dividends 6. it offsets dilution from stock compensation 7. it improves long-term capital efficiency. Just sayin': I like the 3-mo, 6-mo, YTD trajectory of NSIT over CDW, PLUS, CNXN, and INGM. SNX is par with NSIT for the recent run up. Who doesn't like money?
@we Financial strength when you have to borrow the funds to fund the stock buy back program? Whichever "financial investment firm" that you work at should seriously look at how investment decisions are made. The core underlying financials are bleak at best. Look at GAP performance which is terrible when you take out the CAPeX rebalancing to make the numbers by write offs.. The CFO is a fool.
@zd the current CTO, one of the many many isn't even technical at all, the guy did web site optimization and that's about it. Just on par with the previous ones that we hire like the last one that had two tires around his waist. or maybe the other one that vibe codes his stuff that is at the apex of marketing mar-tech and ? no clue, but he likes multi-prompts as his wh-z-bang=nothing
@we they are buying back the stock with another 100Mil in reserve so that the CEO can hit his targets of increasing the stock to get paid $10mil... That's not strength but sheer and outright stuffing the numbers to get a bonus. Reducing the number of outstanding shares is the worst investment one can make when the segment is woefully underperforming. Acquisitions have been done and hence why no more are being done as the ratio of returns is not quite living up to the hype. There is not enough fortitude in the stock to get to the point of issuing a dividend. Period.
If you are technical at all (obviously not..) you would know that this company lacks the talent to actually deliver real AI solutions that move the needle. A regression model or decision tree model is not AI, but bunk hype. Hype and more hype packed with buzzwords. Touting a hacked JIRA board as AI, well, that's too bad as it actually has nothing to do with AI. Go ask one of the 10,000 CTOs this company has, if they were actually technical, they would tell you. Smoke and mirrors.
@vn Buy-backs aren’t a specter conspiracy — they’re a sign of financial strength. They do the things employees should want: offset dilution - lower long‑term cost of capital, which supports real growth and stability - protect flexibility. Good things. Dividends (CDW and CNXN and others) are a fixed obligation. Buybacks are optional
And the part people always miss are that if the company didn’t buy back stock, the alternatives are worse. Such as...let cash sit idle (terrible), overhire (unsustainable), or pour money into low‑return projects and bad M&A (value destruction 101). So when a company buys back shares, it’s basically saying: “We have excess cash, we’re strong, and we believe our stock is undervalued.” That’s not bad for employees — that’s exactly what you want from the place that pays you.
@tz stock buy back in full swing to stop the downward drag in the sector... summarized by InsightGPT
https://www.telegraph.co.uk/business/2026/06/21/accentures-crash-shows-the-consultancy-racket-is-finished/
@e0 well, it is quite dull around here in Chandler, so when you see a full stacked data center rack, well, it stands out... literally, like defying gravity. And you know there really is no talent around here, both technically and otherwise.
Yes, of course they are. It is a quarterly event that no one, literally no one actually talks about in case you have been hiding under a rock in the desert.