Feeds

EMC preps (limited) layoffs

Company-wide efficiency drive

Providing a secure and efficient Helpdesk

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. ®

Beginner's guide to SSL certificates

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
DVLA website GOES TITSUP on day paper car tax discs retire
Welcome to GOV.UK - digital by de ... FAULT
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.