The old rule of laying off the newest people with least experience first seems to be gone. Completely vanished. These days, tenure makes you a target. The longer you've been with Dell, the higher a chance of being laid off. If that isn't messed up, I don't know what is.
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Which financially, does make sense if you think about it... When I started 6 years ago I was at 80k - only bc I needed a job and wanted to work at Dell, so I low-balled myself lol. I'm now at 120k including bonus. Still an i6 and never been promoted though.
We had someone on our team for a year who'd been there 25 years. He was let-go. I know someone else who's been there for 30 years and I feel like he has a target on his back at this point...
To me, it seems like Dell lays off people who've been there 15+ years, are older than 45 or 50, and those who are straight up dogshit performers. Everyone in between seems semi-random though
@e1: pension plan??
it never did protect you
It's been that way for the past 4 years, so nothing new.
Seniority has never been a thing in non-union job
If you are young, save as much as you can. These rounds of layoffs which are affecting Tech in general is different this time. The pendulum has swung in favor of employers. AI may not be the panacea that employers are hoping for and then it may come back to benefit employees.
How much savings does one need? No one really knows. Take advantage of all savings vehicles that a company gives you.
Good Luck.
It never did and never should have. Being valuable to the company does.
I was let go at 60 and my manager was aware of my short time left. I was a target. At 60, there was some extra in my severance package because of that. I had always put 10-20% in my 401(k). I'm working elsewhere now, often wondering why I'm doing this, I guess I'm just conditioned to work until I can't or can comfortably not work. You always have that grey cloud over your head wondering if you will outlive your money..which is probably unlikely.
I'm about to reach 60 on my nexy birthday, if I can las another 2 years I will have enough to live on until state pension kicks in. I could retire now but would like the buffer of an extra couple of years contributions.
My advice to everyone is save as much as you can, if you are in the pension plan do at least 5%, the company will be doing 10% which is free money and soon adds up.
My manager is aware of what I'm planning so I may have a target on my back but at this point it doesn't bother me
I was in sales at Dell almost 25 yrs. Half of my life. I now have a few million $$ in the bank. I was laid off but I asked to be let go. I got a very nice severance check. Dont feel sorry for us "old folks". Feel sorry for the ones that didnt plan/save correctly.
some of our DEs are juniors
The older high compensation folks are definitely the target. They throw in a couple younger sacrificial lambs to fend off discrimination lawsuits.
I’ve been in tech more than forty years. In a non union company seniority just means you’ve occupied a desk longer. Some one at a company ten years coding in python for five of those years may be no more useful than someone who has been with the company five years and coding in python for five years.
During the DEI craze where quotas were established, competency was definitely not protection.
If you are over 55 and on the high end of pay band, you are a target! Dell will kick you to the curb and replace you with an inexperienced new hire from Next Gen program at 1/3 of the comp. Then when Dell loses customers and market share, they will blame it on AI or Global production shortages. In reality relationships still do matter in our society….,AI will never replace that personal phone call to ask how customer is doing, how can we help or bring onsite to show support when times are tough.
The opposite. From my observation, older people were let go in the last 5 years. Off the top of my head, late 40s/early 50s was hit more. I didn't see a lot of younger people.
Seniority or competency never protected you.
I have to agree, I am over 40 and becoming too expensive and overqualified tech guy with demands and my own opinion, which is not on the Yes people side.
Dell fu--ing a lot of older people in the a-s.