Dell Q3 which is August, September and October are the clean up months. Take it or leave it. This is no rumor. The layoffs list are all in place. I have seen one myself. Hopkinton,NDC and MDC will be impacted. In low cost countries layoff will be based on performance rating and some targeted senior directors and directors. I have even wagered a $1000 bet with another Dell manager on the exact numbers and more specifics of this layoff. All Directors and above in MRES have been given hints on the layoff. I can claim with certainty that I will be richer by $1000 more dollars by the end of October.
14 replies (most recent on top)
So MRES doesn't include VMAX then. This thread goes against everything others talk about when they say it's VMAX that's in trouble
MRES is mid range entry level Storage
"I will be richer by $1000 more dollars by the end of October."
I'm sure your severance will be more than $1000. Keep your head up and make sure you don't squander it all before you land somewhere else.
What is MRES ? Is it only storage affected.
i have heard indirectly from executive level that there will be major layoffs in August. Lots of new job postings have been withdrawn over past few weeks and a hiring freeze is now in place
I have as a manager supplied information to finance on resource utilization and performance ratings with a specific emphasis on under performers. This was an unusual exercise as it was triggered by finance. I am sure my boss and his peers have sent lists. When I checked with the finance lady she says they are doing some data modelling exercise.
Zzz in address book is routine culling. What you will have in Q3 is a major slaughter. At this point of time you should be naive to believe that there won't be this major layoff. Communication in lot many channels have already gone, there are trainings given to directors in specific groups. HR and Finance is abuzz with activities on these plans. There is going to be three waves of layoff in three months culminating in October. In our group from August 1st all new hiring and travel completely frozen in preparation.
I can claim with certainty that I will be richer by $1000 more dollars by the end of October.
I bet $1000 that you are going to loose the stated amount.
Q3 is the clean up quarter in MRES Storage
Oh, come on man - how many people are foracsting here all kinds of forecasts of some "permian extinction" layoffs in the last year or so but they never came. The things is that the layoffs never stopped and are continuously ongoing - check the dates of the zzz's in your address book - they are uniformly distributed throughout the whole last year.
Jeff Bordeaux is under a tight spot. Storage revenue is downwards and there is no great product in the horizon. cyclone is a disaster in the making. It is too less and too late to be of any significance. existing EMC customers are only into routine upgrades. There are a host of other new age storage vendors who are eating up the storage market. Dell EMC is doomed.
Q3 layoffs are going to be one of the biggest in Dell and EMC history is what a top finance exec from Austin told me over coffee. This is intended to shake up the current system of decentralized management of disparate groups and bring all of them under one anvil. Storage will have the major impact across sites and geographies. The layoff will knock of many senior roles.
Pretty sure you'll win your bet. My manager has been hinting that I should look for opportunities elsewhere in the company (currently in the storage group) to "broaden my skill set". I wouldn't mind getting in on a bet with that manager myself.
This post is true
You are nothing but a troll!