Dell to cut 2,000-3,000 jobs as EMC deal closes

Dell Technologies, which completed the acquisition of data storage company EMC Corp on Wednesday, will cut 2,000-3,000 jobs, Bloomberg reported. Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. The layoffs will be mainly in supply chain, marketing and general and administrative divisions, the news agency said, adding that the combined company has 140,000 employees. Dell, which was taken private by founder Michael Dell along with private equity firm Silver Lake Management in 2013, agreed to buy EMC for $67 billion in October last year, the largest ever deal in the technology sector.

Related posts

Latest News

HP has hit a sweet spot with its budget Stream laptops. Introduced two years ago

Reliance Retail has expanded its product portfolio with the launch of a new sma

Gionee has launched its new smartphone in the P series - P7 Max in India. Priced

Acome up with what it says is the world's smallest general-purpose computer that

IBM has expanded its portfolio of software-defined infrastructure solutions with

Xiaomi is all set to launch its Mi Note 2 phablet in Beijing, China, today. Just

Technology solutions provider Dell India has announced the city level winner of

LG took the wraps off its Flagship Android smartphone LG G5 today at its Play Be

Global tech giant Samsung has expanded its range of Chrome OS powered laptops b

For those who can't get too much of OnePlus, here's a whole new range of OnePlus