Thread regarding CDK Global Inc. layoffs

CDK buying Cars.com

seems a long shot, how can we afford to buy a $2B shrinking listings business...

https://nypost.com/2019/01/29/cdk-global-expected-to-make-bid-for-cars-com/

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Post ID: @Xnpg20K

3 replies (most recent on top)

Seems like a great strategy to me. Since General Motors has told CDK they are no longer the sole provider of website listings and SEO's. Buy another sinking company as CDK did with Red Bumper. spend another 2 billion like they just did for eleadOne, and run it right into the mountainside. Constant poor decisions and unaccountable management will be the death of this company.

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Post ID: @Xnpg20K-5sdh

great way to buy talent at the executive level

... if you want to pay $2 billion for three positions you should be able to fill for under $10 million.

There has to be something or someone else going on here.

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Post ID: @Xnpg20K-2ebj

Would be a great way to buy talent at the executive level. They are desperately trying to find ways to replace the current CTO, CIO, and CSO as they have produced nothing over the past 2 years.

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Post ID: @Xnpg20K-1qzw

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