AM I NEXT? NO LOVE AT DELL

AUGUST 10, 2024 — MAJOR BLOODSHED IMMINENT, 15,000 EMPLOYEES

The company is preparing to it would lay off about 15% of its workforce or about 15,000 employees.

In a joint memo, sales executives Bill Scannell and John Byrne noted, “Through a reorganization of our go-to-market teams and an ongoing series of actions, we are becoming a leaner company,” We’re streamlining layers of management and reprioritizing where we invest.”

“We aim to grow faster than the market by seamlessly meeting our customers and partners online, virtually, or in person, to unlock the value of modern IT and AI for their organizations.”

FEBRUARY 17, 2023 — Original post…

Round Rock, Texas-based Dell, the iconic computer company, has announced a reorganization and cost-cutting initiative.

The reduction in force will impact 5% of Dell's workforce, or 6,650 employees.

According to an SEC statement, "Dell Technologies announced to its employees reorganizations and actions to align its investments more closely with its previously discussed strategic and customer priorities. These actions will result in a reduction of approximately 5% of the Company’s workforce as the Company continues to take prudent steps in light of a challenging global economic environment."

Co-Chief Operating Officer Jeff Clarke noted, "The company is experiencing market conditions that continue to erode with an uncertain future. Previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough. The department reorganizations, along with the job reductions, are viewed as an opportunity to drive efficiency. We’ve navigated economic downturns before and we’ve emerged stronger. We will be ready when the market rebounds."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT ARM

Cambridge, England-based Arm Ltd., a semiconductor chip producer and software design company specializing in CPU chipsets, has announced a major cost-cutting reduction in force that will impact between twelve- to fifteen percent of its workforce, or an estimated 1,000 employees located in the United States and the United Kingdom.

The decision appears to follow the failure of the acquisition of ARM by chipmaker NVIDIA due to global regulatory resistance on anti-trust grounds. NVIDIA will remain a major ARM licensee.

According to a company spokesperson, "Like any business, ARM is continually reviewing its business plan to ensure the company has the right balance between opportunities and cost discipline. Unfortunately, this process includes proposed redundancies across Arm’s global workforce."

Japanese conglomerate Softbank appears to be proceeding with its backup plan of taking ARM public -- which might mean greater employee layoffs

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT HITACHI VANTARA (04/23/21)

APRIL 23, 2021 — 65 LAYOFFS IN SANTA CLARA, CALIFORNIA

The company plans to lay off 65 sales and engineering employees, including 12 on-site employees and 53 remote workers, all based in the Santa Clara, California office commencing May 31, 2021.

According to a company spokesperson, “We are aligning the company to its new strategic ambition, which requires us to redesign certain organizational structures to help us be more client-centric, and to build new ways to augment our core business.”

These layoffs follow the December 31, 2020 layoffs of 148 Santa Clara employees.

NOVEMBER 18, 2020 — EMPLOYEES WORRIED AFTER 1,000 EMPLOYEES LAID-OFF COMPANY-WIDE

Employees are bracing themselves for another round of layoffs in early-2021 following the layoff of 1,000 employees in October, the second in 2020 when 1,500 employees were laid off in January 2020.

According to a company spokesperson, “Of course, no matter how many were impacted, these were difficult decisions for the company, and we are doing everything we can to make the transition as easy as possible for the affected employees and teams.”

MARCH 27, 2020 — Original post…

Santa Clara, California-based Hitachi Vantara, a wholly-owned subsidiary of Tokyo, Japan-based Hitachi, has announced the layoffs of at least 151 employees at its Santa Clara headquarters, with rumors of more to come. The layoffs include a number of high-level and support positions including nine vice presidents, and others in sales, business development, finance, human resources, marketing, product, and supply chain management. According to published reports, “Managers were asked to cut 15% from their budgets, including headcount, several weeks ago and submit their plans for approval.” It appears that the decision was driven by the difficulties in the enterprise storage marketplace.

According to a company spokesperson, “As you will have noted from our recent integration with Hitachi Consulting and the acquisition of Waterline Data, Hitachi Vantara is transforming into a new kind of digital infrastructure and solutions company. We are now simultaneously operating in the fast growth data management and analytics market and the mature global data storage market. The global storage market is currently delivering only modest growth – a trend many of our competitors have also noted. Like many of our industry peers, we have had to make some tough decisions to simplify and streamline our operations, improve our financial performance and position ourselves for long-term success – this includes headcount reductions to optimize our organization. We do not make decisions that affect our people and teams lightly, but we believe these moves are important to accelerate our transformation and growth and we thank the employees who are leaving us for their valuable contributions to the growth and evolution of our business. We remain optimistic that we can take share from our storage competitors with the recent introduction of the Hitachi VSP 5000 – the world’s fastest and most reliable data storage array. Initial customer response to the VSP 5000 has already surpassed expectations and we have other exciting innovations in the pipeline for 2020.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?