Thread regarding Dell Inc. layoffs

Layoffs coming in ISG

Segment wise, Infrastructure Solutions Group (ISG) (37.4% of total net revenues) revenues were down 5.4% year over year to $8.2 billion. This was due to a 9% decline in servers and networking revenues and 1% decline in storage revenues year over year. Notably, server revenues declined due to soft demand environment

Hear it will impact all geographies. Singapore and Ireland maybe the most?

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Post ID: @ZlTNW9S

3 replies (most recent on top)

they had expected this, it was no surprise according to the all hands that I have attended.

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Post ID: @ZlTNW9S-auej

The missing datapoint to this is that it's coming off the back of a year of huge growth and large deals. That's the one issue with Dell, every year they expect the same large deals to happen again . . so they miss the number eventually.

I dont see ISG dropping people just overtargetted sales staff choosing that time to leave now they have no hope of making their number for 13 quarters (that's how long a strong Q takes to wash out)

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Post ID: @ZlTNW9S-axkc

How reliable is this info, and any timeline?

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Post ID: @ZlTNW9S-2qfd

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