dell has been quietly laying off people for 12 months for those who don't know. Just a few here and there, this big round of layoffs was announced only because they needed to move faster. I am sure they will go back into quiet layoff mode after they release this large batch. The mandate from sr mgt to VPs and Directors is to re-evaluate your headcount needs monthly.
Copied from @ymt+16Y3JI0C for good - and correct - info.
"Continuous upsizing is the way organizations get low cost talent into the org."
I disagree. It is costly to re-hire and ramp-up. And new-hires generally know their market value. Unlike the schmoe that's been getting 2% increases per year the last 10 years. A new graduate in the CA bay area is commanding north of $120k.
Dont offer big $$, free food, gym, snacks, and the usual perks as other companies? Good luck finding talent and keeping them
A big mature corporation is usually continuously downsizing and upsizing at the same time.
Continuous downsizing is an experienced corporation's alternative to firing. Low performers, folks who cause friction, folks who are paid too much, are identified as possible candidates for downsizing. Folks trickle out, week by week instead of firing, which requires excess paperwork. If there really need to be cost cuts, corporation can simply expand the size of the downsize, shed heads, and move forward gracefully.
Continuous upsizing is the way organizations get low cost talent into the org. Instead of paying an experienced strategist $150K whose skills might be ten years behind the times, they can pay an advisor $90k and get youthful vigor, willingness to take on two+ jobs simultaneously, and buy leading-edge skills. Corps can expand or contract continuous upsizing as needed too.
I worked for Dell in the 2000's for about 10 years. This was always the way Dell let people go then. A few here and there so nobody know. It was terrible. One day Joe or Jane wouldn't be at work. After a few days people would start asking around and find out they had been let go.