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

by Wolf Richter, Wolf Street:


Trying to find efficiencies and synergies to save $1.7 billion.

The ink was barely dry on Dell’s acquisition of EMC, the largest technology deal ever, valued at $67 billion when it was announced in October last year – and already the layoff rumors are oozing from the woodwork.

“People familiar with the company’s plans” told Bloomberg that Dell will cut 2,000 to 3,000 jobs.

Dell spokesman Dave Farmer refused to comment specifically on the report on Thursday but said instead, as sort of a confirmation: “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.”

On Wednesday, the day the deal closed, CEO Michael Dell gave some clues in an interview: “There are some overlapping functions and that sort of thing – that’s not the primary feature of this, but there is some of that.”

These “overlaps” or “overlapping functions” are terms in corporate speak for real people, and these real people are mostly working in the US, according to the report: supply chain, marketing, and general and administrative positions.

Dell is trying to find some efficiencies and synergies to save about $1.7 billion in the first 18 months after the deal closes, so starting from Wednesday. They’re not dilly-dallying around cutting costs and laying off people.

Combined they have about 140,000 employees. So the trimming might have a long ways to go, especially if the cloud and the Internet of Things are not as fun as imagined. But that doesn’t mean that the headcount will come down – they’re bringing in foreign workers, mostly from India.

Between 2014 and 2016, Dell applied for 2,039 H-1B visas and 256 Green Cards. EMC applied for 2,347 H-1B visas and 453 Green Cards, for a total of 5,095 applications.

These are just applications. Not all of them will be certified, and of those that are certified, not all beneficiaries will be hired. But the data for 2016 isn’t complete yet either.

It’s the hot thing to do for tech companies: laying off existing workers in the US, and bringing it foreign workers on H-1B visas. The Senate has been looking into some of the abuses. In February, Senator Richard Blumenthal (D-Conn.) sent US Attorney General Loretta Lynch a letter requesting a Justice Department investigation. But the tech lobby will likely get the Senate back on track soon.

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

  • KRELL427

    Boycott their products.

    • anon

      +1, Krell427. It’s EASY to boycott Dell. Just buy a BETTER computer! (And make sure it doesn’t have anything past “Windows7” on it! No “Windows10”!)

      • Craig Escaped Detroit

        @anon, I’m gonna be in the market for a low priced deal on a used laptop, (Ebay, etc) for about $40- Looking for a model with 4GB & quad core, (of course), and I don’t care if it does have Windows 10 on it, because I’m gonna “wipe it” (like Hillary), and install LINUX on it.

        I’ve played with most versions of “WindoZe” in my life, (even started with an Atari 800 during the era of the Commodore 64 & Apple 2+), I had a computer with DOS 6.22, then Windows 3.1 and later they started getting much better when Windows 95 came out, and then I had Windows 98’s, Windows Millenium Edition= M.E., …I liked Windows 2000 pro, (never had NT anything), but XP was my favorite. Played little with Windows 7, had VISTA for a time, and that was the last of MicroSloth products for me.

        I started playing around with different versions of LINUX (but NEVER learned how to PROGRAM or “terminal” anything), I always use a GRAPHICAL interface, same as Windows & Apple.

        There are SO many flavours of LINUX out there (including Android), that I’m confident that everybody can find a version that is good for them. I had some Linux disks, and started messing with it to see how hard or easy it would be (no worse than learning a NEW version of Windows), all the way back to when Windows 98 was the newest thing.

        It has freed me from all the headaches of Windows, and brought a few problems of its own, but VERY few, and not nearly as bad as the Microsoft junk.

        • anon

          LINUX is definitely the way to go. I had it on a NOKIA internet tablet back around 2005/2006. Haven’t taken the time to figure out how to get it installed on a laptop (yet).

          • Craig Escaped Detroit

            Insert linux disk into drive-tray, start computer, wait for prompt (install Linux?), hit ‘OK’.

            Wait about 15 minutes for it to finish & BINGO. Ready to rock.

  • Craig Escaped Detroit

    Now we can call a company inside the USA and still have to talk with somebody we cannot understand.

    https://memegenerator.net/instance/71626871

  • anon

    “Globalism” is about erasing NATIONAL SOVEREIGNTY. Especially erasing U.S. NATIONAL SOVEREIGNTY, because the U.S. “Middle Class”, with it’s U.S. CONSTITUTION, BILL OF RIGHTS, AND SUPPOSED EQUALITY OF PROTECTION UNDER THE RULE OF LAW! ~ ALL THIS STANDS IN OPPOSITION TO THE “NEW” (“JEW”) WORLD ORDER ~ ONE WORLD GOVERNANCE SYSTEM.

    EVERYTHING THAT IS GOING ON IN THE U.S. AND IN THE WORLD, TODAY ~ IS CONNECTED!

    Facebook Removed My Post Denouncing Racism Against White People !!!
    http://sgtreport.com/2016/09/facebook-removed-my-post-denouncing-racism-against-white-people/

    Read the comments.

    What REALLY should concern us all, is what will happen when the rest of the world turns its combined back on the “elites” of the West, and the USD/FRN (“Federal” “Reserve” Note) loses its standing as the sole world reserve currency? (Which, as anyone who has been paying attention would already know, is ALREADY happening, around the world.) Question: If the “globalists” of the West can’t PLUNDER the rest of the world, for its natural resources, outside the West, then who will “they” be attempting to completely subjugate and FURTHER plunder? Answer: Westerners. It’s becoming CRITICAL, that everyone in the E.U., U.K. and the U.S., Canada, Australia, New Zealand, South Africa (remember the Anglo-Boer War? What was THAT all about?) ~ it’s CRITICAL that people in these areas and beyond, KNOW WHO EXACTLY ARE THE ‘GLOBALISTS’, AND WHAT IS THEIR AGENDA!

    The Official Story Is Now The Conspiracy Theory — Paul Craig Roberts
    http://sgtreport.com/2016/09/the-tide-is-turning-the-official-story-is-now-the-conspiracy-theory-paul-craig-roberts/

    Read the comments.

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