YOUR REGION: United States

Tag: big tech

Dell to lay off 6,650 workers

This totals 5% of its workforce

Dell has announced plans to lay off 5% of its workforce, or about 6,650 employees, according to an SEC filing.

The cuts at Dell come as demand for PCs and laptops has slowed globally. Global shipments of PCs were down 28% year over year in the fourth quarter of 2022, according to industry analysts at IDC. Computer shipments at Dell fell 37% for that same period, while competitors Lenovo, HP and Apple were down 28%, 29% and 2%, respectively.

Shares of Dell closed down 3% Monday.

In a memo to employees, Jeff Clarke, Co-Chief Operating Officer at Dell, said the cuts were made in an effort to “stay ahead of downturn impacts.” He said the moves Dell had already implemented, like limiting travel, pausing external hiring and reducing outside services spending, were no longer sufficient.

Clarke said: “Unfortunately, with changes like this, some members of our team will be leaving the company. There is no tougher decision, but one we had to make for our long-term health and success.”

As of Jan. 28, 2022, Dell had 133,000 total employees, according to a company filing with the SEC. In the memo to employees, Clarke said Dell has navigated economic downturns before, and “emerged stronger” as a result.

“We will be ready when the market rebounds,” he wrote. But this is cold comfort for those who have lost their jobs.

The company’s layoff announcement marks the latest round of job cuts in the tech industry, as PayPal on Tuesday announced plans to cut 2,000 jobs. In January, Google revealed plans to lay off more than 12,000 workers, Microsoft disclosed plans to cut 10,000 employees and Salesforce announced plans to lay off 7,000 workers.

Share this article on social media

Tech roles still top the list according to LinkedIn

A positive outlook for the tech industry in 2023

Tech roles are still in high demand. This is according to LinkedIn’s 2023 Jobs on the Rise list. The list highlights the 25 fastest-growing job titles over the past five years and the trends defining the future world of work. Machine Learning Engineers, Cloud Engineers, and other tech roles remain highly sought after.

With the rise of job cuts, this begs the question of whether the outlook is bleak for tech workers or does this list show that there are new opportunities for those with technical skills.

Tech learning platform O’Reilly looked at how to fill the demand and where the workforce is headed in 2023.

Laura Baldwin, President at O’Reilly, commented: “So much of the conversation over the last six months has been focussed on economic uncertainty and layoffs in the tech sector, and yet the recent Jobs on the Rise list from LinkedIn shows that there are many strong, in-demand tech and engineering roles. It’s refreshing to see the acknowledgement that the sky is not falling for tech workers. Every business is becoming a tech business in a sense, and the demand for skilled tech workers will continue to grow over the coming decade.

 “Business leaders need to be less focussed on the noise in the short-term and plan to set themselves up for long-term success. With the World Economic Forum and Korn Ferry both predicting significant shortages of skilled tech workers over the course of the next decade, leaders need to be focused on how they’ll be re-skilling or upskilling their teams to ensure they have the technology skills needed to keep their businesses competitive.”

 

Share this article on social media

Amazon UK warehouse shake-up places 1,200 jobs at risk

The decision comes after Amazon’s recent announcement of cutting 18,000 jobs globally

Amazon has announced its plans to close three warehouses in the UK and open two new major fulfilment centres. This decision may impact 1,200 jobs, but the company says all employees will be offered roles at other existing Amazon locations. The proposed closures include warehouses in Hemel Hempstead, Doncaster and Gourock, in the west of Scotland. The new sites, which are planned to open in Peddimore in the West Midlands and Stockton-on-Tees in the North East, are expected to create 2,500 jobs over the next three years.

A spokesperson for Amazon stated that the company is always evaluating its network to ensure it meets the needs of the business and improves the experience for its employees and customers. The closure of these sites, as well as the opening of new ones, is a part of this ongoing process. They also highlighted that employees affected by the closure will be offered the opportunity to transfer to other facilities.

The union representing some of the workers at the Hemel Hempstead site expressed disappointment with the decision, and is sceptical about the possibility of finding alternative work for all affected employees. The company has acknowledged that the Gourock location has less scope for alternative work within Amazon and says they will offer retraining and reskilling opportunities to affected employees.

Steve Garelick, GMB union officer for Hemel Hempstead, commented: “Disappointed for the workers and disappointed for the town and a deep concern this is the thin end of the wedge for the local area.

“Some workers may be offered alternative roles but decamping to Luton, Dunstable or Milton Keynes isn’t as practical as you might think.”

This decision comes after Amazon’s recent announcement of cutting 18,000 jobs globally and joins other tech giants in mass redundancies. Amazon has over 1.5 million employees worldwide, with 300,000 in corporate roles that are likely to be affected by the worldwide cuts.

Share this article on social media

Tech companies have laid off 33,000 staff in the last month

Amazon joins big tech companies in staff cuts

EmployBridge, the largest industrial staffing firm based on US revenue, is laying off 171 employees across the US, according to a Worker Adjustment and Retraining Notification, or WARN notice, filed with the Georgia Department of Labor. Amazon is also reportedly laying off personnel, while Twitter is adding to its previously reported staff cuts.

Citing according to a source familiar with the EmployBridge layoffs, the Atlanta Business Chronicle reported that the affected employees are a mix of full-time and part-time workers who have back-office support roles such as in information technology support, accounting or human resources.

EmployBridge this month announced it completed its acquisition of Bluecrew, a Chicago-based online provider of industrial workers on a W-2 basis. Atlanta-based EmployBridge places more than 450,000 temporary associates annually via 446 offices in 48 states. It was acquired by Apollo Global Management Inc. in 2021.

Amazon this week also began cutting jobs across the company. Managers have begun informing employees that they have two months to find another role inside the company or accept severance, according to media reports.

TechCrunch reported that the company allegedly plans to lay off 10,000 – comprising roughly 3% of its corporate workforce. The figure would mark the largest “workforce reduction” ever undertaken by the e-commerce and cloud computing giant in its nearly 30-year history.

And Twitter has laid off 4,400 of its 5,500 contractors, CNBC reported. The move follows the layoffs of approximately half of its internal staff. According to a report from Quartz, counting Twitter and Amazon, major tech companies will have laid off 33,000 workers over the last month.

Share this article on social media

Universities getting grads into big tech

Amazon hires more alumni from Russell Group universities than any other major tech company

According to analysis from TonerGiant, there are universities in the UK that are more likely to set up graduate careers at the world’s biggest, most valuable tech companies.

Using LinkedIn, TonerGiant discovered where more than 500,000 employees of the world’s most valuable tech companies studied at university to find out which universities are more likely to get you hired by a tech giant. Its analysis looked at 26 of the biggest tech companies including Google, Facebook, Amazon, and Microsoft.

By teaming up with tech recruitment expert, Misha Yurchenko at Carrus.io, they were able to find out more about the hiring process at tech companies to quantify the research.

The university where graduates are most likely to get hired to work in tech companies is the University of Cambridge with an impressive 4,219 alumni now working at one of the big tech giants.

In second place is Cambridge’s rival, the University of Oxford with 3,410 alumni and in third place, is The London School of Economics and Political Science (LSE) with 3,378 alumni.

Ranking  Name of University Number of Alumni
1 University of Cambridge 4219
2 University of Oxford 3410
3 The London School of Economics and Political Science (LSE) 3378
4 The University of Manchester 2548
5 University College London 2454
6 London Business School 2403
7 Imperial College London 2358
8 The University of Edinburgh 2063
9 University of Leeds 1676
10 The University of Nottingham 1673

The UK universities where graduates are least likely to get hired by a tech giant 

According to the analysis, Queen’s University Belfast is the university in the UK where its alumni are least likely to be hired by a tech giant with only two recorded alumni working for one as of January 2022.

Ranking University Number of Alumni
1 Queen’s University Belfast 2
2 Royal Agricultural University 4
3 Regent’s University London 5
4 The University of Law 6
5 University of East Anglia 7
6 St George’s, University of London 14
7 Harper Adams University 17
8 Newman University, Birmingham 20
9 Leeds Trinity University 29
10 University of the Highlands and Islands 32

Which UK regions are most likely to produce alumni for the world’s biggest tech companies?

London came out on top with a massive 27,678 alumni now working for a tech giant. South East England ranked in second place with 12,683 alumni and Scotland in third place with 8,269 alumni.

Northern Irish universities were found to be the worst to attend if students want to work for a tech giant afterwards with only 620 alumni now working for one of the top 26 biggest tech companies.

Region Number of Alumni
London 27678
South East England 12683
Scotland 8269
North West England 7980
East of England 7464
West Midlands 7216
Yorkshire and the Humber 6557
East Midlands 6513
South West England 6035
North East England 4184
Wales 3060
Northern Ireland 620

Amazon hires more alumni from Russell Group universities than any other major tech company

According to the study, Amazon has more employees (17,427) that graduated from a prestigious Russell Group university than any other of the most valuable tech companies in our analysis.

Accenture comes in second place, with 13,660 graduates from Russell Group universities working there.

The full breakdown of which universities each tech giant is most likely to hire is available here. ​

Company Number of Russell Group alumni
Amazon 17,427
Accenture 13,660
IBM 11,702
Google 9,207
Apple 7,340
Oracle 4,803
SAP 3,389
Cisco 3,250
Microsoft 3,076
Huawei 2,514

 

 

 

Share this article on social media
Advertise
Magazines
News

Copyright ©  TALiNT Partners Ltd.
All Rights Reserved.

Contact
Terms & Conditions 
Privacy Policy

Design and Development
by HUB London

Social Links
Linkedin Instagram Youtube