Two sources have told us Dell is starting the expected huge layoff programme this week, with numbers apparently north of 15,000.
The company is returning to private ownership to restructure its operations in the wake of a falling PC market, a commoditisation of the server market and a perceived need to better serve enterprises with their ever-increasing mobile and cloud-focused IT requirements.
We heard from people close to the Round Rock Dell HQ area that Dell management has every conference room booked, and every HR person and security staff member is at work. There are cuts in all departments, according to one of our sources, who says some of these have already been downsized and are now being told to cut 15 per cent more heads.
We hear the world wide layoff number is now greater than 15,000 people.
I’d shut it down and give the money back to the shareholders.