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Dell lays off 12,500 people

theregister.com

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Re: Dell lays off 12,500 people

#51

Post by sct202 »

bombcar wrote: post #23
thebeardisred wrote: post #11

Wow, this feels like a middle finger on the way out the door: > Severance for most will likely involve a payout of two months wages plus a week per year served up to a max of 26 weeks A week per year of service?

That's .... pretty damn good, actually. 2 months is already way above "average" and adding weeks per year is ... nice.

The 2 months is pretty standard for white collar corporate mass layoffs to cover the 60 day WARN notice requirement, since most corps just opt to sever people immediately and pay out the required notice period. For blue collar work it's typically more usual to make them work thru the notice period and offer retention bonuses.

Re: Dell lays off 12,500 people

#52

Post by mensetmanusman »

esel2k wrote: post #48

Why do recent layoff often need to attach something with AI? Few companies have even found a solid revenue model or recurring paying customers. I can only guess but saying layoff because of AI sounds better than « layoff » (because of mismanagement)?

China’s collapsing economy (30% of the world gdp) is also having an impact.

Re: Dell lays off 12,500 people

#53

Post by nolok »

laborundrstandr wrote: post #33
bombcar wrote: post #23

Earlier quoted context omitted.

That's .... pretty damn good, actually. 2 months is already way above "average" and adding weeks per year is ... nice.

Grading exit packages on a curve instead of what workers deserve only carries water for Dell and sets an ever lower bar for every subsequent round of layoffs.

Who decides "what workers deserve" ?

The way I see it, if you want something fair it can't be solely the worker nor solely the employer.

And the governement would be too easy to be pushed too far one way or the other, depending on political climate.

Which is why unions should be pushed more, so employers and employee can negotiate than on equal terms (and not employer versus single employee).

Not american, and that's how it is here, and frankly it's not perfect but it seems a lot better than hope your employer has some decency to give you breadcrumbs and if not oh well tough luck.

Re: Dell lays off 12,500 people

#55

Post by TrevorJ »

gruez wrote: post #26
subsubzero wrote: post #4

hey the economy is doing great, what you are feeling is a "vibecession". Don't look at the hundreds of thousands of tech employees fired in the past 2 years.

>Don't look at the hundreds of thousands of tech employees fired in the past 2 years. I can't tell whether this is satire. What you're describing is exactly how economy-wide metrics are supposed to work. People quoting them aren't claiming that it's sunshine and rainbows for everyone, just that for the entire economy as a whole (ie. for the average worker), things are going pretty well right now.

"a recession is when your neighbor loses his job; a depression is when you lose yours"

Re: Dell lays off 12,500 people

#57

Post by nickpp »

grecy wrote: post #43
thebeardisred wrote: post #11

Wow, this feels like a middle finger on the way out the door: > Severance for most will likely involve a payout of two months wages plus a week per year served up to a max of 26 weeks A week per year of service?

Welcome to America. As you can see from all the replies here, employee exploitation is not just the norm, it's expected. As you can see people are even thankful for it!

Welcome to America, where companies know they can fire easily so they hire easily. Strong competition between employers benefits employees. That is why salaries in the USA are so much higher than those in Europe. But hey, at least we’re not “exploited” here in the old EU. We're just being paid peanuts…

Re: Dell lays off 12,500 people

#58

Post by bdcravens »

thebeardisred wrote: post #11

Wow, this feels like a middle finger on the way out the door: > Severance for most will likely involve a payout of two months wages plus a week per year served up to a max of 26 weeks A week per year of service?

Even the two months sounds pretty good to me.

Re: Dell lays off 12,500 people

#59

Post by gruez »

laborundrstandr wrote: post #50
gruez wrote: post #40

Earlier quoted context omitted.

Okay, how should it be graded? What's preventing me for arbitrarily choosing a number like 100 months? Averages might not be perfect, but at least everyone can agree on it.

You can choose 100 months then advocate your position on its merits, if you like. This is a political question, a contest of power and resources, not a math problem. Scaling severance to be proportionate to the average period of unemployment at the time of firing would ensure the company doing the layoff would bear their share of the societal burden of unemployment they are helping to create.

>You can choose 100 months then advocate your position on its merits, if you like

You certainly didn't bother to do that, and "2 months is generous because it's above average" might be a lazy argument and perpetuates the status quo, but it's certainly orders of magnitude better than no argument.

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