Do you think work at "Dell" EMC has gotten better after the acquisition ?
The layoffs sure seems to have increased within EMC.
9 replies (most recent on top)
Working for EMC was far superior than working for Dell.
Stock price has nothing to do with REAL company performance. There are dozens of ways to juice stock regardless of your market share position, profit margins, etc. These can include, selling property or laying off people to show Wall Street operational savings, stock buybacks, etc. That being said, Dell does appear to be doing well from a market perspective. Why this discussion is on a layoff rumor site I will not understand.
Dell stock over 5 years in on the upward trend, what do you mean its doing bad?
https://www.google.com/search?q=dell+stock+price&rlz=1C1CHBF_enUS817US817&oq=Dell+stock+price&aqs=chrome.0.0i433j0l9.7696j1j15&sourceid=chrome&ie=UTF-8
That makes sense. I do not disagree with what you are saying.
Hiring doesn’t necessarily mean great performance. For all you know, it could mean high turnovers. Many tech companies are doing this right now: Laying off older and more expensive folks to hire cheaper talent that they can train.
My friend once told me: The more expensive you are, the higher target you become since you are expected to perform at that salary.
My impression is that Dell is doing very well at this moment and so Dell-EMC should be doing well as well. Isn't that the case? Isn't EMC hiring SW, HW engineers these days?
EMC investments went down as Joe was in the market for a buyer - that resulted not only in some share losses but in products being put on back burner . EMC had real chance against Nutanix and alike - while Dell realised it be another competitive large enterprise they be up against ( EMC + VMware ) in HCI space and doing the math was simple . Should EMC get acquired by VMware in reverse merger - there be nothing else than acquire large company by even bigger fish - that being selling point of Joe
it was very clear in 2015 that we are up to bigger change with super sucessful product lounch it would have continued should it not put up a sing "for sale"
As a former EMCer (no longer at Dell), I'm not so sure how healthy EMC as a business was back in 2014-2015.
If you recall, EMC II was losing market share. There was rough quarters in there. VMware was really juicing the overall quarterly numbers. The product lines were kind of a mess. RSA and Pivotal were marginally helping the business. Plus, everyone knew Joe's time was nearing it's end resulting in succession uncertainty.
The one really good thing Dell did do for the Dell EMC business was simplifying and harmonizing the core infrastructure portfolio.
It's possible had EMC remained, it could've been in legit competitive trouble come 2017/2018.
Also, not sure how being sold in the largest tech deal in history at the time is going "cheap". The $67B number shocked many.
Companies are eating other companies all the time. This was no different. Either adjust or move on. Crazy rumor I read today is whether once VMware is spun off if it will merge up with Intel.