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

LG has added another smartphone to its line-up. Called U, the smartphone was la

Last month, Google launched its first Daydream-ready virtual reality headset - D

After Jan 1, 2017, new ATMs are likely to offer you the facility of authenticati

Apple is pretty generous when it comes to supporting older iPhones with the newe

Your Apple ID and password are used throughout Apple's network of services. Whic

Lenovo Group Ltd. is in talks with Fujitsu Ltd. to merge their personal-computer

Xiaomi recently launched its Mi Note 2 smartphone with a dual-curved display, al

They show what we like, reveal who we've been with and flag where we are going.

State-run telecom firm BSNL on Thursday signed a strategic business pact with Mi

Xiaomi on Tuesday unveiled its third air purifier, the Mi Air Purifier Pro. Boas