Dell is not a team, it's a cult - the cult of Michael. Everything that happens in that company is done to stroke that ego. You may also want to look a the $800+ million that Dell has set aside for layoffs this year. Not a guess, not a speculation. This is straight out of the holding company financials filed with the SEC.
The layoffs are coming (and there have been rolling layoffs going on since well before the merger). Dell simply can't afford 150k + people. To make their interest payments in the low margin business that PCs have become, they need to get to < 100k. Math...try it sometime