Thread regarding Dell Inc. layoffs

I'm an I8 between bonus and RSUs and reinvesting my bonus back into Dell stock I made a little over $1.3M when I cashed out last month


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| 233 views | | 15 replies (last October 12) | Reply
Post ID: @OP+1m4774gn4

15 replies (most recent on top)

I8 is a Principal Engineer level and if you reinvested all your bonus into stock which has risen 5x in a year then you can have lots of capital gains tax to pay. So congrats and others should stop coveting OP's gains.

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Post ID: @17f+1m4774gn4

@115 thank you

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Post ID: @15j+1m4774gn4

Not a hope. I8 is pond level in Dell. Frankly very low RSU grant, if any. Stay for the redundancy and look after yourself first. Dell won't

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Post ID: @138+1m4774gn4

@eq I8 = Individual Contractor level 8. In my org an i8 is classified as a Sr. Advisor.

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Post ID: @115+1m4774gn4

Sure you did, not.

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Post ID: @wa+1m4774gn4

@m5 hahahaha what a name

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Post ID: @w3+1m4774gn4

i8 with rsu?

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Post ID: @n8+1m4774gn4

May that money be a curse to you.

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Post ID: @m5+1m4774gn4

@eq IC

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Post ID: @k0+1m4774gn4

Great work! But I would have spread the sales out over a few years...or better yet, borrow against them and pay no taxes. SBLOC is your friend! :)

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Post ID: @hm+1m4774gn4

How did you handle tax.. Did you not care about it when u cashed everything in one go

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Post ID: @ew+1m4774gn4

What does an I8 equate to at Dell? Are you a Director, Manager level, or IC?

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Post ID: @eq+1m4774gn4

sure you did

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Post ID: @cp+1m4774gn4

Corporate greed at its finest! Not bad for a college drop out.

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Post ID: @av+1m4774gn4

Good for you. Do you know how much greedy Dell Executives made off the backs of 10s of thousands of employees they pushed out?

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Post ID: @a5+1m4774gn4

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