Can anyone share info? I'm new at VMware, will this impact us too? https://www.crn.com/news/running-your-business/dell-hit-with-new-layoffs-says-cuts-unrelated-to-covid-19
What ? Layoff in my company how come i dont know about it
Confirmed, layoffs across sales org. Restructure to thin the herd, ppl laid off at all levels. TBD scale, ongoing into next week will know more. Bad moral rn.
No it won’t impact you. VMW is the growth engine.
Q1 results for VMware were very strong. If Q2 is close to the same, not only will there be no layoffs (excluding the annual performance culling), it'll be even harder for Pat to justify why Michael is forcing him to keep no raises and no 401k match
Wow VMware folks got no raise this year? That sucks! And is the loss of 401k match just this year or VMware policy in general?
Isn’t Dell a hardware commodity company when it comes down to it? I’ve been told by ex-Dell employees that layoffs should be expected in that space. VMWare should be safe.
Dell is a commodities company that surrounds itself with technology.
Yup. Skim through the public financial filings for the past several quarters and look at the performance excluding VMware. Very low growth with increasing revenue declines in their biggest business, servers. Not a compelling story for future growth. The stock price is driven by the expectation of future financial shenanigans by Michael and his Silver Lake cronies, not by actual future prospects for growth of the business.
Some Sales got hit pretty hard.The half just ended / Relationship / Sales run on just 1st / 2nd half - so that is the reason for the timing. FCST for rest of year selling looks marginal. Need a vaccine/recovery ASAP.
People are buying Laptops to get online, WFH etc. Dell should do good right or am I missing something?
The big money comes from servers, storage and solutions. That boost from LTs/Monitors, etc was a good shot to our 1st QTR. That has now normalized.
I used to work there they definately over hired liked crazy and I think it was about 20 people
Yes, its on thelayoff news
You can probably thank us for the layoffs.
But there was no internal email sent about WFR
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I guess we will find out soon
Gotta virtualize employees