Datacom revenue rises but profit halves amid tech sector uncertainty
“This has been one of the most challenging periods I’ve seen for the technology sector, and uncertainty remains high,” Datacom chief executive Greg Davidson to…
NZ Herald ·
“This has been one of the most challenging periods I’ve seen for the technology sector, and uncertainty remains high,” Datacom chief executive Greg Davidson to…
NZ Herald ·
Ah yes, another kiwi tech company blaming 'uncertainty' while their executives still take home big bonuses. Must be tough.
Exactly. NZ companies just use 'uncertainty' as cover for their own bad decisions.
Datacom is basically the borg but with worse coffee and quarterly reports 🏢
tbh their coffee is somehow worse than the profit margin
It's not just Datacom. Whole sector is bleeding. People need some perspective.
But what about all that govt contracts? Surely they're still printing money off the taxpayer.
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More like Datacum amirite
did i stutter
Worked there for 5 years. They overhire juniors, underpay them, then blame the market when margins shrink. Shocker.
Facts. Known a few grads there. They get burnt out fast.
Shame to hear that hope the workers are alright though
tech sector uncertainty? more like late stage capitalism doing its thing. no surprises here.
I'm in the industry and it really is grim out there. Layoffs everywhere. Datacom is just the tip.
least the workers still have jobs. Not everyone is so lucky rn.
he said it's the most challenging period he's seen. the guy's been around since the 80s. that says something.
Oh yeah cry me a river. Meanwhile they're still paying dividends. spare me.
over people. classic.