Thread regarding Dell Inc. layoffs

@jc I've observed the same pattern. Mainly savaging the older legacy EMC people. BTW I've heard they are nuking car allowances. Good luck in EMEA recruiting replacements.

@fe THIS! I was laid off after 24 years. 3 promos along the way, but stuck at i9 a good while and making a he-l of a lot more than I should have. Did I work hard? Yes. Did I grow to my full potential? No. I accept that and realize I was fortunate to have what I did.

Everyone is getting older, happens to all eventually. Remember that when you're sc--wing your co-workers. You will get your turn, good luck!

@fe They have a pay cap at every I level though so its pretty hard to be making 2x what your peers at tbe same level are.

Seems to me that they target the older folks with higher compensation and sacrifice a few on the young end, just to say they don't discriminate by age.

Acquisition accounts have always been like trying to get water out of a stone. Impossible. Then again, they usually had a lot of inexperienced people in the groups. Earlier this year, Acquisitions was hit pretty hard.

@jj bingo!!!

@fe I have the opposite view. Old employees are underpaid compared to newhires. You stay as I5 for 6 years get minimum raises and newhires get more starting salary nowadays. Then you get WFRed, take lower grade postion in another team to keep any job and still get a pay rise.

This is true, I was 57, on top of the game and one day I got a call from my Sr. Director, your laid off, was part of EMC, then Dell... never, I mean never a bad review or low increase in pay. I saw whom was affected and the "payout". It "appeard" all were around the same age that were cut loose.,some close to 63 etc.. Thought the pattern was carfully defined as not to set a trigger.

I think you are pretty spot on however, I also think there are a LOT of people who've been with a company for 10-25 years who are being paid 10x more than what they should be getting... So like, if someone starts as an i6 for 90k for idk, 5 years... that's 5 years worth of raises. So say they average a 3k increase. Now they are at 105k. Then pretend they get promoted the next year. That's another what, 10k/year at least? Now they are at 120k as an i7. They stay i7 for 3-4 years and accumulate another 10-15k. Now they are at 135k after 8 years. They get to an i8 3 years later and that's a 20k bump. Now they are 155-160k after 11 years. Maybe they stay an i8 for 5 years... now they are at 170k. Then they are moved to an i9 and are now making 200k after say, 13 years.

Point is that realistically, someone who's been at a company for 20 years should be making upwards of 200k/year at least... My team had 23 years w/ the company and was an i8 doing the SAME work that other i8s on my team were doing but likely making double their salary at most and at least 60k more than what an i8 is typically paid.

My i6 to i7 promotion was 30k after 5 years as an i6. While an i6 I made almost 30k worth of raises so I'm probably on the high end of an i7.

My philosphy is once you reach 10 years at a company, you should consider switching to a new company because you WILL have a target on your back

Anyone over 40 gets extra money in TX in their severance and they provide you a list of how many others were in the same situation in your group.

All facts I have experienced once I hit 55 years old. The only positive is my 401k is healthy enough for me to tap along with severance package + unemployment and then SS.

I got an extra 4k in my severance package for being 60 at the time. I'm guessing hush money.

So MSD now being in his 60s should fall on his sword too.

@OP yep! they are also targeting ae's well over 100% that are in the same age range.