Feeds

EMC preps (limited) layoffs

Company-wide efficiency drive

Combat fraud and increase customer satisfaction

EMC is responding to the deepening recession by laying off a small number of employees from around the company.

Up until now, EMC has been focussed on controlling indirect spend - travel costs, for example - but the global recession is having its effect. In early November, CEO Joe Tucci sent around an e-mail saying that although EMC had had good results from controlling indirect spend, the increasingly-challenging environment meant that the time had now come to look at people spend as well.

My understanding, from a person familiar with the situation, is that Tucci laid out six principles guiding EMC's activities, and these are:-

1. Maintain external focus, staying closer than ever to customers.

2. Gain share in top markets.

3. Retain, attract, and develop key talent.

4. Sharpen discipline on costs.

5. Sustain and extend product technology, assuring an enhanced competitive advantage.

6. Stay close and communicate frequently.

I'm told that the email went on to say that he had requested his EVPs to look across the entire business for efficiencies. EMC will try extremely hard to keep job losses to a minimum and will take whatever steps in it can, in terms of severance deals for example, to mitigate the effects on the people laid off. Tucci wants everyone in the company to go the extra mile to help in taking the internal actions necessary without reducing the strong focus on customers required for them to meet their goals.

So far the storage supplier world has not been hit by any tier one firm laying off people. Quantum is laying off 180 employees and Pillar let 150 people go at the end of October. Other suppliers affected by the recession have preexisting stresses and include Overland Storage and Plasmon.

The EMC numbers have not been quantified but several sources say that the layoffs are small and modest in quantity.

This EMC activity tallies with other measures being taken by Cisco and other large IT companies as the recession looks likely to be longer and deeper than originally anticipated. It is in line with the server sales alarm calls being raised by IDC.

The thought on every storage vendor's mind right now is that if the recession can affect broad-based, huge, and well-run EMC, even in this relatively small scale way, then no one is immune. ®

3 Big data security analytics techniques

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.