Delicious/delimiterau
- Earning billions and getting taxed a pittance
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- Qantas tech exec shifts to Jetstar
- Zurich Australia leads regional thin client push
- Early investors drop Facebook
- Victoria kills HealthSMART IT project
- Woz not great - mUmBRELLA
- Santos' thin client starts big-data plans
- Nokia Lumia 800 revs up at Bridgestone
- Telstra privacy breach was 'one little oops'
Posts Tagged ‘financial results’
Enterprise IT, News - Wednesday, February 22, 2012 13:52 - 5 Comments
Data#3 flags job cuts: Read the internal email
Diversified IT products and services group Data#3 this week announced strong revenue growth of 15 percent for the recent half of its financial year. But the news wasn’t all good — profits were down, and the company’s managing director John Grant flagged challenging conditions for the company ahead.
And there was one further little fact which Data#3 didn’t disclose to investors: Job cuts. The text below is an email sent by Grant to staff at Data#3 shortly after the financial results were announced. Delimiter spoke briefly with Grant this morning, but the executive wasn’t interested in providing further details.
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