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ReportTT: Dell set to lay off 15,000 employees this week

A new report has suggested that Dell may lay off as many as 15,000 workers this week as part of its restructuring upon entering the private sector

| Business, Financial & Legal News | Posted: Feb 3, 2014 5:40 pm

Dell appears to be kicking its restructuring plan into high-gear if a new report from The Register is correct. The report states that as many as 1500 employees from the PC manufacturing and sales giant could be laid of before the week's end. The layoffs come as Dell settles down into private ownership again, and looks to return larger profits in a failing PC marketplace.

 

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The report goes on to say that the staff reductions will take place company wide in all global markets, and that this lay-off round will affect 15-percent of the company's workforce. Those laid off in US-based facilities of the company will receive a severance package that consist of two months salary as well as an extra week's pay per year of service to the company. Additionally, those laid off will receive a 75-percent bonus, COBRA health insurance for 18-months, and outplacement services. No word was given on what those from countries outside of the us may receive.

NEWS SOURCES:Electronista.com

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