Historically it's always been February and August when Dell does their heavy "cleanup" and then with light sweeps in between.
Mav is behind schedule and I'm 100% positive it will not be ready by May - when JC wants it to be lol... It's too important of a project - that will likely fail - for dell to worry much about layoffs on a larger scale, anyways.
Sales has already been given a dog sh-t COMP so clearly the goal there is to force resignations and/or put a LOT of people on PIP's.
IF Dell's true headcount number is 90k, then we are just about there as of now.
The large scale FEB/AUG layoffs IMPO aren't needed anymore as they are super close to their goal now, and there isn't much reason to have 3k+ layoff cycles that make the news anymore.
Some orgs are likely being hit now but, I'd imagine it's far smaller than years past.