Friday September 09, 2016

Dell To Cut At Least 2,000 Jobs After EMC Deal

While it sucks that two thousand people are going to lose their jobs, the elimination of redundant job positions is to be expected any time there is a merger of two large companies like this.

The reductions are planned for later this year and will be mostly in the U.S. and in areas such as supply chain and general and administrative positions, as well as some marketing jobs, said the people. They asked not to be named because the dismissals aren’t public yet. Dell is looking for cost savings of about $1.7 billion in the first 18 months after the transaction but is largely focused on using the deal to boost sales by several times that amount, the people added. The new company has 140,000 employees.