Thread regarding Dell Inc. layoffs

More layoffs anounced

COO just announced layoffs in our internal earnings call. "Small percentage", no other details

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Post ID: @OP+16W1EzpE

12 replies (most recent on top)

Cyber security (SRO) round rock here: coworker was let go today. They were the only person on my team to be let go. Good luck out there!

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Post ID: @1guq+16W1EzpE

Dell laying off a "small percent" is a lot of people considering 160,000 employees....5% = 8000 people impacted and its surely to be mostly US where labor protections are lax compared to overseas. Its sad, their stock is up 30% YTD, Michael Dell's net worth has steadily increased to $30 Billion, Clark has been there 25 years so his net worth is easily over $100M, Dell's last 2 or 3 quarters have been good, instead of riding this out by looking after the team who got them where they are they are back to just looking at short term profits. Sad..use to be a really great company.

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Post ID: @1obt+16W1EzpE

I heard big cuts are coming to IT departments as they are cost centers and good candidates for outsourcing.

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Post ID: @1tgq+16W1EzpE

Anyone know if SRO will be affected?

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Post ID: @1dhf+16W1EzpE

Definitely noticed this too,
It was very odd to have the good news, good news, workforce reduction and then moved right on to diversity and the layoff announcement was in answer to a question.
Well no more rumors now , its happening , JC was quite blunt about it , but when and how many ?

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Post ID: @olj+16W1EzpE

Any idea on which depts and total count and is it already done?

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Post ID: @gja+16W1EzpE

It was very odd to have the good news, good news, workforce reduction and then moved right on to diversity. It could have been communicated much better. As stated earlier "Solid Quarter, delivered revenue, operating income, earnings per share and cash flow" not to mention stock is doing great. Result...headcount reduction?

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Post ID: @eno+16W1EzpE

Almost everyone was reading from a script

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Post ID: @kxg+16W1EzpE

More managers and ISR's need to be let go. Suggest 40 percent cut., Dell Cares

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Post ID: @kry+16W1EzpE

"Solid Quarter, delivered revenue, operating income, earnings per share and cash flow" - That was said less than a minute after the layoff announcement. Shady much?

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Post ID: @zjs+16W1EzpE

What do you mean by "sales groups who visit diff sites"? I heard Specialty sales since they weren't touched the first go round a month ago

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Post ID: @bdc+16W1EzpE

Heard that sales groups who visit different sites have been let go... more to come

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Post ID: @jpt+16W1EzpE

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