At least that's what most people are guessing. Can anyone confirm?
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From the latest Quarterly Report (form 10-Q) available at https://www.sec.gov/edgar/search/
Page 52:
We continue to advance our own capabilities to change the way we work and make decisions, improve business outcomes and the customer experience, and reduce costs by leveraging new technology and optimizing business processes. Throughout Fiscal 2025, we remain committed to disciplined cost management in coordination with our ongoing business transformation initiatives and will continue to take certain measures to reduce costs, including limitation of external hiring, employee reorganizations, and other actions to align our investments with our strategic priorities and customer needs. We anticipate these actions will result in a continued reduction in our overall headcount. We believe our unique operating advantages provide a foundation to foster growth, drive efficiencies, and continue to position us for long-term success.
SEC filings in SEC Edgar https://www.sec.gov/edgar/search/
Just curious, where do you go to see the sec filings
Yup - many people I know sent their farewells today and looks like a big chunk was gone in the past couple of weeks. Hearing rumors that the SEC filing was made - 17000 more employees to fire between now and Dec. Several thousand to follow in Jan and Feb "to balance the books" and compensate for lower revenue possibly caused by losing such a large workforce in a span of a few months. Then they will hire again - hyuk hyuk. The Merry Go Round is in full swing.
Seems like each week is a different region, so probably yes but not if you were hit this week.
yep
They will continue until there is nobody left but Michael Dell and Jeff Clarke. Perhaps they will keep Sudhir as their plaything.