Dell EMC merger will result in 2000 to 3000 layoffs

[onehandle]

Last edited Tue Sep 13, 2016, 02:16 PM - Edit history (1)

Source: Bloomberg

Just like other acquisitions, Dell Technologies EMC Corporation merger has started layoffs rumors. People close to the company has told Bloomberg that about 2000 to 3000 employees will lose their job very soon. Speculations strongly suggest that the native US citizens will primarily come under the axe. Dell is presumably taking the harsh step to cut costs and channelize more profit.

Dell spokesperson, Dave Farmer, told Bloomberg, “As is common with deals of this size, there will be some overlaps we will need to manage and where some employee reduction will occur. We will do everything possible to minimize the impact on jobs. We expect revenue gains will outweigh any cost savings, and revenue growth drives employment growth.”

The mentioned “overlapping” are actually concerned with the real workers of the company. According to assumptions, Dell-EMC is planning to replace native US people with outsourced professionals from other countries. Even, there is a notable evidence supporting this; both companies have totally applied for over 5000 applications for foreign employees visas and Green Cards. Strong rumors suggest that these overseas workers mainly originate from India.

This swapping employees from the USA with foreign personnel is a real controversial thing for any tech company. This provocative motive of the businesses is a hot piece of debate in the Senate. About six months ago, a Senator wrote to the United State Justice Department to investigate the issue for any foul play. Although the tech lobbyists will inevitably calm down the senators pretty quick.


Read more: https://www.google.com/amp/www.inferse.com/43318/dell-emc-merger-will-result-in-2000-to-3000-layoffs/amp/

---

More accurate headline:

"Dell-EMC to Lay Off 2,000 – 3,000 US Workers after Requesting 5,000 H-1B Visas & Green Cards to Import Foreign Workers"

Michael Dell is a big Republican prick and if you own a Dell, you are supporting their practices.

[saltpoint]

1. "Dude, you're gettin' a pink slip."

I did not know about this merger and knew even less about Dell's affiliation with the GOP. Am generally distrustful of big mergers like this and even more distrustful of the corporate influence in politics.

Again, we see corporate motivation for the sake of profit only -- with disregard to the thousands of people who worked hard to boost their margin of profit.

[Dreamer Tatum]

2. Glad I own nothing but Apple products, which are built ...oh wait. nevermind nt

[christx30]

3. I was laid off from Dell in 2008 after 12 years.

Used to be a great company that took care of it's employees. It was born and bred in the US, with the hard work (12 hour days, 2 months without a day off) of it's US workers. Now it's filled with international workers. Hardly any US factories left at all. My next computer is going to be an HP because of it.

[hughee99]

4. EMC is one of the biggest employers in my area. I wonder what the impact will be locally. n/t

[Purveyor]

5. Your link doesn't reflect the story that is posted. Do you have a correct link for the day old news?

[getagrip_already]

6. don't know about dell....

but the old emc had VERY strong ties to the bush administration. One of it's founders was even appointed embassodor (I think to ireland).

Very political, very connected, and they seemed to take advantage of it.