ZD Net – by Charlie OsborneDell’s expected layoff programme is expected to begin this week, and over 15,000 people may lose their jobs worldwide.
Insiders speaking to the Register say that the PC giant’s restructuring operation has resulted in cuts in every department, “some of these have already been downsized and are now being told to cut 15 per cent more heads.”
The restructuring efforts of the now privately-owned PC maker are down to a falling PC market, slumping profit margins and a slow start in the mobile realm where Apple, Samsung and Google now dominate. As part of the company revamp, founder Michael Dell is trying to focus on enterprise-related services including cloud and mobile systems — but this means that staff in sectors unrelated to the new business focus are at risk.
One of the publication’s sources predicts the cuts — which are expected to hit at least 15,000 people — will be “a bloodbath” when it arrives this week. The severance package includes two months’ pay plus an extra week for each year in Dell’s employ, a bonus at 75 percent, health insurance for 18 months in the U.S. and some outplacement services at least stateside.
Dell’s current chief financial officer, Brian Gladden, will soon be leaving Dell in order to “pursue career interests outside of Dell,” and will be replaced by the Texas-based firm’s chief accounting officer, Thomas Sweet.
Last week, Dell announced a partnership with Cumulus Networks to deliver Linux-based, bare-metal networking devices to businesses, to develop their “vision of the new data center networking model is an open ecosystem where customers can choose among various industry-standard networking gear, network applications and network operating systems to meet their business needs.”
. . . and no more unemployment benefits either.
. . .
is no one getting unemployment benefits anymore, or did they only cut off the long-term, multiple extension collectors?
I lived in the Austin and Round Rock, TX area for the past two years, where Dell Headquarters are (they basically own Round Rock), and all a friend of mine who worked there kept saying was how each Monday everyone would duck in their cubicles and hope they didn’t get on the chopping block for the week. Many like him just got fed up with it, found new jobs and quit.
Apparently, Dell is like the movie, “Office Space” every Monday. Basically, they feel that unless you are a CEO, it’s time for you to go.
Soon there won’t be any companies to hire anyone. The elite have stolen most of everyone’s wealth. They want us to feed ourselves at McDonalds and Burger King and die a GMO death.
It’s bad to see people losing their jobs, but it’s not going to stop happening, so you may as well get used to it.