With everybody and their mother in tech laying employees off, I'd think our leadership would have jumped at the opportunity to join the party.
22 replies (most recent on top)
"Layoffs in our group happened, last day 8/19 for at least two on the same team,"
What group would that be?
Layoffs in our group happened, last day 8/19 for at least two on the same team, not sure how many more out there. They did some in our org back in April too, I think between the two rounds, 6-7 people out of a 160. We've had attrition too... I heard 5% in some places, but I doubt they'll do it all at the same time. Probably every few weeks between now and October so payouts time to EOY.
Question …
By stating networking is it Storage Networking switches ? Or TCP IP or Both ???
cuts in the networking segment..40%
@4apt+1i4a2tr1 where did they happen??
From the Stock market yesterday …
shares of the computer and technology services provider had gained 5.8% over the past month, lagging the Computer and Technology sector's gain of 10.34% and the S&P 500's gain of 8.25% in that time.
Wall Street will be looking for positivity from Dell Technologies as it approaches its next earnings report date. This is expected to be August 25, 2022. In that report, analysts expect Dell Technologies to post earnings of $1.63 per share. This would mark a year-over-year decline of 27.23%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $26.59 billion, up 1.74% from the year-ago period.
With Dell there is Heading into today, shares of the computer and technology services provider had gained 5.8% over the past month, lagging the Computer and Technology sector's gain of 10.34% and the S&P 500's gain of 8.25% in that time.
Wall Street will be looking for positivity from Dell Technologies as it approaches its next earnings report date. This is expected to be August 25, 2022. In that report, analysts expect Dell Technologies to post earnings of $1.63 per share. This would mark a year-over-year decline of 27.23%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $26.59 billion, up 1.74% from the year-ago period.
With Dell there is disdain for the analysts and the stock market .
With the company results being released will know soon what is happening with the workforce.
wow, still NO mention of where they happened. I guess they didn't happen.
@4opx+1i4a2tr1 If no cuts you must be on for a reason?Hows the HR job going?
No cuts it's trolls
so nobody knows where the cuts happened????
Dell is always hiring because they are always firing. Don't decorate the cubicle and take selfies how wonderful they are and post it on Linkdin.
Okay...so where were the cuts??????????
It must have been very hush- hush job because nobody heard about those..
They always are at Dell, most of the RIF activity is done quickly and quietly the Dell way.
Yes Dell just had layoffs
It must have been very hush-hush job because nobody heard about those..
Yes Dell just had layoffs
From previous post:
“ from one of the managers... He was surprised how the conversation went from giving competing offers to mandatory cuts.”
The spreadsheet management continues.From cost cutting to division reorganizations they are examining HR spreadsheets with division employees age and pay grade.
To complete the mandatory cuts.
Lets see how the earnings release goes on Aug 25th and projections .
I heard that Dell went through a round of layoffs this week from one of the managers. He was surprised how the conversation went from giving competing offers to mandatory cuts.
Meta is going to have layoffs in September big time - thousands among their ranks will go.. Google is laying off people from its Cloud division. Microsoft started laying off people. Obviously DELL is a better company which has tuned its business better than those 3.
Really, and how do you know this? We're hiring, not firing.
They are all lined up, just waiting for the ok by management.
Not that I think it's going to stay that way, of course. Layoffs are coming, it's only a matter of when.