Today's layoff's were just the beginging of what is going to be a continuous cycle of rinse, wash, repeat at the end of every half. Yes, there will be some offcycle rounds to conclude as well, including this Sept/Oct. Dell's goal is to be under 100K global employees by the end of 2024. As moral continues to drag down, so will the products and the support. This is only the tip of the iceberg. The people doing the firing today will be the ones let go in the next 2-3 rounds.
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I’m in engineering product development at Dell and so far safe but keeping linked in updated. Some weird numbers have shown up in what I will call consultant-speak or “bainspeak” which deal with “revenue dollars per product testing hour” or “revenue dollars per cicd pipeline story” which sounds to me a bit like “seconds per hamburger in McDonalds speak”
Except that the targets aren’t being set for rational improvement. They’re being set for Bain to hit 100 k employees. The goal seems to be “people cost a lot, if we can just close out that liability of salary, book the revenue for two quarters, push out supply payments as long as possible and ensure existing contracts are filled, the loss in future business won’t matter as long as the stock uptick based on two quarters of revenue lets us get out with 25-30 percent gain on a couple of billion dollars”. That’s not dells leadership wanting that but it is the board and the slash and burn private equity demanding this course. You could refuse as a leader and that’s honorable but only so far as it then gets you fired. I suppose you could show solidarity and join the wfr parade but it would just leave you personally poorer. The problem is vulture private equity. They live to take healthy companies with market share, gain enough shares to get a board seat, fire large numbers of staff to lower headcount and human capital costs, hold onto two quarters of revenue with the additional revenue of slashed costs then sell and leave the smoking hulk behind in the view of “we improved efficiency and just happened to make a few billion”. I wish the concept could be criminalized.
So looks like most posts are from last year. Surprising (not really may be) that its happening again this year - 2024.
TheLayoff.com team - can you add year as well in the post time stamp? Dell is a sh-t show and we will need “year” in comment timestamp to know which year’s layoff are we commenting on!
On second thought - may be not needed coz Dell leadership is just terrible and its not going to change next year as well. 😉
Dell Bangalore branch bosses are shouting at employees on floor signalling layoff coming up .it's utter confusion and many employees are confused with roles.
latest firings on friday. no roadmap only Bane dictated cuts. Why are we paying so much to these consultants instead of investing in innovation? This place is sick and not good sick
So many huge changes are taking place from sales comp to IT releases.. it all points to a self serve frictionless model with less of everyone. This is the future and I suspect it's what most companies are doing.
You are all CORRECT, GTM 4.0 has been annoucned for Feb 2024 Time Frame!
So they haven't even finished this round of cuts yet and already the NEXT round are commencing conversations and discussions! Go Figure! If you value job security and a good future, look for a career other than at DELL, this place has became a McDonalds!
Well the good news is that Chuck Whitten will still get to keep $19.5m of the $45m "new hire equity award" they gave him three years ago - so don't lose any sleep at night worrying about him. The piggys at the top still get theirs.
This new "Partner-Led Strategy" is going to be an absolute train wreck, I can't even begin to tell you the amount of time I used to spend cleaning up post sales disasters. The issues are endless and Dell's bureaucracy is a nightmare to navigate even for seasoned employees. Partners will literally just drop the football and walk away when they hit the 43 step workflow through India.
I left Dell 2 yrs ago in Sales. I went to work for NetApp we’re cleaning Dell’s clock!
10 year top datacenter field performer. Dell is trying to mirror the partner only route and that will extend to client as well. No one is safe the next 12 months. Lots of share will be lost and the same jobs will be open in 18 months.
What a shitshow Dell has become.
Moral is at the lowest point and they will make even worse with crazy targets.
The biggest kicker is sales reps had been told last year to push direct if possible.
But dont worry we can talk to you about mental health if you dont feel great reach out.Blah Blah.
This will continue until everthing is online.
Agreed, to all the trolls that said these layoffs weren't happening.. and yet here we are.. surprise surprise. You can lead a horse to water.
Oh there is no trying to sugar coating what they are trying to accomplish here. If you try to defend this dumpster fire in any shape, way, or form; you need your head examined. A ton of top performers were let go in Feb and today they released the remainder of the only top performers they had in place. When the market picks back up and technology jobs open up, Dell will be the last place on Earth that anyone will want to work for.
I think you are spot on unfortunately.
All the folks here calling it fake, lies etc last week (and in feb) can just f*** off as they have no clue, employed at Dell or not.