Dell Technologies reviews

When Microsoft decided to oust his old timer CEO Steve Ballmer, there were rumors inside of Dell that the Board wanted to do the same, so Michel Dell decided to take the company private in order to prevent that. I remember when we had that meeting in Round Rock on November of 2013 announcing the privatization of Dell, everybody was clapping, there were balloons, cake and Michael Dell was high-fiving people as he got to the stage and said that the Roadrunner (him) had defeated Wile E. Coyote (Carl Icahn). And then we got the announcement that there was going to be a Voluntary Separation Program, followed by an Involuntary Separation Program. It was explained that if people in your team were to leave Dell either voluntarily or involuntarily, the survivors were expected to take on all the workload. I was lucky enough to find a job elsewhere and left before the layoffs. I had lunch on 2014 with a couple of friends that were still working for Dell and they told me that raises, bonuses and hiring was frozen until further notice. Maybe the company is doing better these days but I would look for positive signs before thinking about joining it.

Since the rating system is gone, the process of evaluation is more subjective than ever. The strategy is to cut OPEX and CAPEX in hopes of profitability. The end-goal is to pay off Michael's debts, cut loose from Silver Lake, and then take the company public again. Turning over to a new CEO at that time, Michael hopes to retire and do book tours, consult on Fox News, etc.