Thread regarding Dell Inc. layoffs

One of the quietest forums on here - Dell must be pretty good

Not a whole lot of negativity or speculation anymore. Staff treated well, customers happy, strategy appears to be working with customers.

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| 4072 views | | 11 replies (last January 14, 2020) | Reply
Post ID: @OP+12AnYqRS

11 replies (most recent on top)

Im not sure about the rest of you but i was laied off dec 31 happy new year

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Post ID: @qsfo+12AnYqRS

In reply to Mr Money Moustache:

You could at least quote the rest of the article - here is at least something to balance your negativity.

To delever the balance sheet, Dell plans to continue generating strong cash flow, Mr. Sweet said. The company expects core debt to fall to $30 billion by fiscal 2021 and its leverage ratio—which the company calculates as core debt divided by core earnings before interest, taxes, depreciation and amortization—to decrease to between 2 and 3 times Ebitda by the end of fiscal year 2021, down from 4.2 times Ebitda in fiscal 2019.

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Post ID: @kebw+12AnYqRS

rumor mill is acting up. Hearing some rumblings today.

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Post ID: @jled+12AnYqRS

Just do a simple calculation of the interests Dell has to pay over its largest tech acquisitions debts:
https://www.wsj.com/articles/dell-cfo-leads-charge-to-pay-down-debt-load-11569534638

Dell’s total principal debt has risen to $52.6 billion since 2016, nearly 70% of which is classified as core debt! No matter how much profit Dell makes, the compound interest is increasing the debt at an exponential rate.

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Post ID: @hpzg+12AnYqRS

i hope they give good severance packages

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Post ID: @bcnf+12AnYqRS

HIring going on, raises going on, everyone is happy, things are good.

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Post ID: @4zgl+12AnYqRS

Everybody's too busy updating their resumes to post on here. At some point, talking gets boring, and action is called for.

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Post ID: @2hlk+12AnYqRS

Dell is a big corporation. It is no better or worse than working for most other corporations. There are some big re-orgs going on in Sales at the moment.

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Post ID: @1sxb+12AnYqRS

also layoff.com is blocking people from posting. not many Dellians know how to VPN so... the population is pretty dumb. I mean there are smart ones, they left. No, I am not smart, which is why I love this company. Brushing my kiss a– skill now. All is well.

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Post ID: @1xdg+12AnYqRS

yes. come join us. Need someone to do our jobs while we sit and cash our salaries. Or just join and sit with us. It's quiet because nobody cares anymore. all is well and work is when a VP says he wants something. So imagine the latency. Do when asked to.

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Post ID: @1zcw+12AnYqRS

Layoffs coming soon. Will be the real deal, and I am most likely a casualty.

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Post ID: @our+12AnYqRS

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