Big storage beast EMC closed its 2013 fiscal year with impressive growth in its final quarter but sees lower growth in the future. It also announced 1,000 layoffs on the way in Q1 as it rebalances towards flash, integrated systems, mobile and cloud computing. According to EMC, the staff cuts are down to its internal rejigging to …
"According to EMC, the staff cuts are down to its internal rejigging to decrease the effects of back-end loading of customers orders in each quarter."
Eh? What? There is a fine line between english and gibberish, and I think that in this case the line has been reached, crossed and left a few miles behind.
Go on, I know what BRIC is, what is BRIC+13?
And no, I can't be arsed Googling it. Someone just tell me in plain English, if you please.
Well, it's the BRIC countries, plus the next 13.
"decrease the effects of back-end loading of customers"
Maybe they shouldn't make their customers take it in the @ss...
What do donkeys have to do with anything?
Why can't businesses come out with statements like this without talking an awful lot of waffle.
In simple terms, 'Our revenue's grown nicely but the bottom line at a less accelerated rate so we'll chop a few bods to cut cost and hope this will fix it'.
There, simple stuff people can understand.
Wow...that is far away still. Not sure what the issue is.
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