Q2 remarks, they didn't mention how many were impacted by WFR, but they did state they incurred a $328m charge for the Q2 layoffs. Anyone remember what the charges were for Feb or Aug 2023 layoffs?
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yes. looks like they are spreading it out and trying to keep it quiet.
secretly reducing costs to inflate numbers ....
Interesting that charge was for Q2 layoffs specifically. So that doesn’t even cover however much the charge will be for the August layoffs.
Seeing that amount confirms my suspicion that the big WFR's being broken up between August and "soon", were done to be able to spread across QTR's so they don't show almost a billion dollars (perhaps) in severance?
Dell Technologies’ August Layoffs Cost $364M In Severance Charges, SEC Filings Show
https://www.crn.com/news/channel-news/dell-technologies-august-layoffs-cost-364m-in-severance-charges-sec-filings-show