Rumours going around that Dell is going Public in January. There will be huge huge layoff before IPO. This is going to be a bloodbath. This site will be abuzz with activity.
15 replies (most recent on top)
Confirmed, buckle up.
RSU's and ESOPs your deluded. MD owes too much to dilute even one share of stock for you or any of the minions still at Dell. You will get ZERO. Go read the fine print on the deal and you'll see there are NO set asides as there must be for a public offering for employees.
Leave or stay thats your decision but staying means your willing to be a cow to MD and his inept cronies at the top. MD gets way too much credit for brilliance. He hit his ceiling years ago and now is just a rich guy trying to play with real innovators.
Just got an invitation to a "workforce transformation" webcast. I wonder what that's about.
The June 1st bonds coming due is way more than the June 15th bonds coming due next year.
https://www.bondsupermart.com/main/bond-info/bond-factsheet/USU2526DAA73
Very optimistic fools working and whining at Dell. Wake up folks. Know the law of diminishing returns. You will be laid off. Also don't forget to read the bond market to figure out what they need to pay.
https://www.bondsupermart.com/main/bond-info/bond-factsheet/US24702RAJ05
"left Dell earlier this year when the IPO plans were announced and couldn't be happier. Dell is a cesspool of cronyism and inept management"
Same here, after being on the outside for a while it almost feels like I've been deprogrammed from many years inside a cult. Life IS better and far less stressful not being fed a constant stream of Dell management BS. It used to be a decent place to work but huge $ deals of going private and the EMC clusterf**k have gone to MD's head. He's driving the company into the ground trying to extricate himself from a spectacularly bad decision of buying EMC and going public again is only going to make the penny pinching worse.
Look, folks, if Dell goes public, there WILL BE LAYOFFS. It's a financial fact. The company cannot raise the capital in the public market at its expected valuation and still carry that level of debt. If you think there won't be a culling, you're only fooling yourself. The public equity holders will insist on cutting costs across the board.
I left Dell earlier this year when the IPO plans were announced and couldn't be happier. Dell is a cesspool of cronyism and inept management.
for money money money @W59N3nO-2cjf
Strange, MSD refers to Wall Street as whiners and analysts as circus clowns.
https://www.dallasnews.com/business/technology/2013/12/15/michael-dell-after-buyout-were-all-done-with-whiners
https://www.nytimes.com/2014/11/03/business/dells-life-after-wall-street.html
wonder why he wants to be publicly traded again
Previously when Dell was publicly traded and profit was not what the street expected :
https://abcnews.go.com/Business/story?id=3934525&page=1
Can you volunteer for the layoff?
Fake news!
ah..rumors.
No you get pink slip..
So I get RSUs and ESOPs. Awesome.