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Dell lays off 12,500 people

theregister.com

101–102 of 102 posts

Re: Dell lays off 12,500 people

#102

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 poor, when I was in financial services there were three rounds of layoffs in 10 years. The payout was notice period and 6 weeks per year capped at two years salary. Some people I know were on three months notice and had 15 years service.
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