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EMC Posts Loss, to Cut About 1,350 Jobs
Reuters ^ | October 03, 2002

Posted on 10/03/2002 2:44:39 PM PDT by Willie Green

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1 posted on 10/03/2002 2:44:39 PM PDT by Willie Green
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To: Willie Green
EMC delende est!
2 posted on 10/03/2002 2:47:12 PM PDT by the gillman@blacklagoon.com
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To: Willie Green
bringing total employees to about 17,000 by early next year.
What on earth is EMC doing with that many employees? I thought they took hard drives, put them into big boxes, and wrote the software to manage it all. Its not like they are making the drives (ala Seagate of some years ago and they had 80k+ employees)
3 posted on 10/03/2002 2:57:21 PM PDT by lelio
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To: Willie Green
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4 posted on 10/03/2002 3:09:12 PM PDT by justshe
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To: lelio
EMC is paying the price for institutionalized socialism.
All that diversitia and sensitivia has choked the life out of them.

They punish the hard working and promote the incompetent.
I will piss on their grave.
5 posted on 10/03/2002 3:13:24 PM PDT by the gillman@blacklagoon.com
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To: lelio
What on earth is EMC doing with that many employees?

We have a huge world wide support structure in place. 24x7 customer support including on-call technical support teams. We also have a huge number of Systems Engineers in the field to go onsite for harware issues and Regional Tech Support people that go onsite to address issues with software.

If a customer is down, we move like lightning and do whatever is necessary to get them up and running at any hour of day or night. This includes shipping replacement systems immediately anywhere in the world they are needed.

This requires a large number of people to keep this type of suport going...and the customers love it. Or so they tell me. It's just that IT spending is at a standstill, mostly. We're still number 1.

6 posted on 10/03/2002 3:18:45 PM PDT by Bloody Sam Roberts
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To: the gillman@blacklagoon.com
They punish the hard working and promote the incompetent.

You've worked here?

I will piss on their grave.

Ah, now there's an intelligent, adult response.

7 posted on 10/03/2002 3:21:03 PM PDT by Bloody Sam Roberts
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To: Bloody Sam Roberts
Well, as a company EMC's heart is in the right place. From Light Reading (Byte and Switch):

EMC Sponsors Leary Firefighters

8 posted on 10/03/2002 3:44:31 PM PDT by j271
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To: j271
Well, as a company EMC's heart is in the right place.

Thanks. I don't understand the socialist comment by "the gillman@blacklagoon.com".

The culture here is to treat everyone with the respect they deserve. No one is taking my paycheck and donating it to those that make less.

Only bigots believe that treating someone with respect even though they are different is socialism.

9 posted on 10/03/2002 3:51:18 PM PDT by Bloody Sam Roberts
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To: Bloody Sam Roberts
Some things can not be easily explained.

You seem like a good guy. Perhaps things have changed there.

I used to do technical consulting. My time in the collective left a foul taste in my mouth that will never go away. Not all can be assimilated.

One should not retain every slight. As a rule, those who demean you should be ignored and soon forgotten, but some can not be borne.
10 posted on 10/03/2002 4:11:15 PM PDT by the gillman@blacklagoon.com
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To: the gillman@blacklagoon.com
One should not retain every slight. As a rule, those who demean you should be ignored and soon forgotten, but some can not be borne.

I'm sorry that you have less than fond memories of your contact with EMC2. I've been here for 2 years exactly and though I do see some personality conflicts, the atmosphere is quite good in general. There have been a number of changes in the upper personnel that have been a move towards that end.

You are always going to run into a$$holes no matter where you go. And you are correct about ignoring the worst of them. But if I had the kind of experience I believe you are intimating, (Moshé?) I wouldn't have to stand for it. I would have the weight of the Company behind me if I chose not to ignore it. I have recently seen one very valuable, highly skilled employee get booted because someone decided not to ignore it. It simply isn't tolerated here these days, nor should it. And I don't like the smell of socialism any more than you, but this ain't it.

Perhaps you were in a different position being in a consulting position. That may have been a source of irritation to someone. Who knows. All I know is that I've worked for some real sh!thole companies and this one is far above most. Just my humble opinion.

Cheers.

11 posted on 10/03/2002 4:39:26 PM PDT by Bloody Sam Roberts
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To: Willie Green
What a minute, wasn't there a bunch of Bushbots saying that all this is just democrats "talking down the economy"? Didn't they say we are on our way to recovery?

(big sarcasm alert)

My prediction: More layoffs to come in 4th Quarter. Standby for 7% unemployment by January 2003. Word to the wise: If you have a job, and you're not saving your money like Scrooge, you are a FOOL.

12 posted on 10/03/2002 4:43:18 PM PDT by fogarty
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To: Bloody Sam Roberts
Thanks. I don't understand the socialist comment by "the gillman@blacklagoon.com".

I just did a search on the lca database on EMC. http://www.zazona.com/LCA-Data/. Why did EMC get 3,249 H-1B Visa's in 2001? This is a very typical pattern. Hire thousands of foreigners on H-1B visa and then have a lay off and get rid of Americans. Does the comment make sense now?

13 posted on 10/03/2002 6:39:06 PM PDT by blueriver
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To: blueriver
Yeah, it makes perfect sense. All those IT positions that just CAN'T be filled...
14 posted on 10/03/2002 6:43:14 PM PDT by OKSooner
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To: blueriver
Hire thousands of foreigners on H-1B visa and then have a lay off and get rid of Americans. Does the comment make sense now?

No, it doesn't. The layoffs that EMC2 had to bring about the last 2 times were worldwide.

Of all the layoffs combined, only about 25% of them were for personnel in this country. The rest were in other countries. In 2001 there were a total of 4360 people laid off. Of those, approximately 1100 were in the United States. And the majority were not technical positions that would be filled by people entering on H-1B visas. Most were in overlapping field positions including Sales and Professional Services. As a matter of fact, Engineering and Technical Support departments were left largely untouched.

Did your research indicate how many of those employees here on H-1B visas were laid off? Or did it indicate what salaries are/were paid to those employees on H-1B visas? I can assure you they are commensurate with salaries paid to "Americans" like me.

15 posted on 10/03/2002 7:21:42 PM PDT by Bloody Sam Roberts
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To: blueriver; OKSooner
Does the comment make sense now?

What OKSooner said; it makes perfect sense.

An H1B employee is basically an indentured servant for the term (6 years IIRC) of the visa. Makes for a very manageable, hard-working employee, albeit one generally with limited English skills.

16 posted on 10/03/2002 7:27:26 PM PDT by FreedomPoster
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To: lelio
I thought they took hard drives, put them into big boxes,

This is unusual. Most companies have their stuff manufactured by a contract manufacturer like Flextronics, Celestica, Jabil, Solectron, or Sanmina.

17 posted on 10/03/2002 8:01:30 PM PDT by Lessismore
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To: Bloody Sam Roberts
Did your research indicate how many of those employees here on H-1B visas were laid off? Or did it indicate what salaries are/were paid to those employees on H-1B visas? I can assure you they are commensurate with salaries paid to "Americans" like me.

H-1B's very seldom get laid off. According to the law a company is required to still pay them for the remainder of their contract. Why would a company hire over 3,000 H-1B's is 2001 just to lay them off in 2002? This makes no business sense at all. Salaries are not the issue. American workers are AVAILABLE to fill these positions, there are thousands of unemployed American engineers and IT workers that could have filled the poisons that were given to foreigners.

18 posted on 10/05/2002 5:30:36 AM PDT by blueriver
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To: Bloody Sam Roberts
The culture here is to treat everyone with the respect they deserve.

I'm sorry, but I had to laugh out loud at this comment.

As one of EMC's former customers, EMC's policies towards us was to ride roughshod over us, our storage, our storage policies and otherwise treat us so badly that we took our business elsewhere. The pricing on the technically inferior product that EMC was selling was more than 2x their competition (HDS for example.)

While we weren't one of EMC's largest customers in the area, when we dumped EMC it sent shock waves through EMC and in fact some of EMC's other customers.

Having been threatened with legal action against me by EMC for telling their other customers (who've solicited my opinions of the technology, I didn't approach them) why we switched - I will personally attest to EMC's brash, abrasive and abusive practices towards it's (now) former customers.

It'll be a cold day in hell before I allow an EMC storage unit in any of our offices around the world. And yes, I'm the person who makes that decision in the company I work for. I can make that statement with 100% confidence.

19 posted on 10/05/2002 5:47:46 AM PDT by usconservative
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To: fogarty
My prediction: More layoffs to come in 4th Quarter. Standby for 7% unemployment by January 2003. Word to the wise: If you have a job, and you're not saving your money like Scrooge, you are a FOOL.

From your lips to God's ear. I'm just surprised it hasn't hit 7% or more already. I have so many friends in IT who are out of work right now. I've never seen it this bad in IT. Every one of my friends in the Telecommunications industry is out of work. About half of them who are LAN administrators are out of work - the other half can feel the layoffs coming. It sure doesn't look like this is going to turn around anytime soon.

20 posted on 10/05/2002 5:50:43 AM PDT by usconservative
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