You are here: Home » Companies » News
Business Standard

No job losses in India because of merger: Dell-EMC

The company will be third largest by number of employees for the combined entity that has a strength of 1.40 lakh people


Press Trust of India  |  Mumbai 

No job losses in India because of merger: Dell-EMC

Market opportunity in India is promising, the newly merged hardware and storage provider said on Wednesday, asserting that it does not see any job cuts in the country.

"Currently not to my knowledge...Not aware of India-based anything being brought to me," its president for enterprise business Rajesh Janey told PTI when asked about the domestic impact of the recently announced job losses.

"If the market opportunity is this huge, the customers are wanting us and the more solutions coming in, it is hard to imagine you will be cutting down your customer engagement force," he added.

Post their $67 billion merger, the combined entity called Dell Technologies has confirmed to job losses but has not specified a number.

Janey said the company is looking at the country both as a market for its products and services, and also as an research and development hub. It also has a manufacturing facility near Chennai.

When asked about any setback on the R&D jobs, Janey replied in the negative.

There is no product overlap between the two companies, he said, hinting that each unit will continue on its individual research efforts and added the products play a complementary role to each other.

Both the have presence in the country for long. While EMC used to employ 6,000 people, Janey refused to disclose the number of people at Dell.

He said India will be third largest by number of employees for the combined entity, Dell Technologies, that has a strength of 1.40 lakh people.

India is also the fastest growing market when it comes to revenue growth, he said, adding that had a market share of 40 per cent in both storage and all-flash drives category last quarter.

Janey acknowledged that customers' shifting to cloud-based services, rather than having storage on the premises is a "reality", but said having a hybrid model combining both will be sought after by the market.

He said the company already serves cloud infrastructure providers and added that one of the sister already serves this opportunity.

Even though a slew of global electronic manufacturers are making announcements of setting up a base in the country, Janey declined to answer a question on this saying no strategy has been finalised yet.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, October 12 2016. 14:42 IST