Business
IT solutions provider CDW lays off hundreds amid 'intensifying economic uncertainty'
San Francisco, April 21
Global IT solutions provider CDW is laying off hundreds of employees amid "intensifying economic uncertainty".
According to a report in CRN, several CDW employees are reporting being laid off.
"The firm is offering a severance package, but laid off employees are signing non-disclosure agreements," the report mentioned, citing an employee.
Several employees took to LinkedIn to disclose they have been sacked.
"Sad day! My employment at CDW has come to an end with today's announcements of economic layoffs at CDW! I will be looking for a new position within the Cloud/IT Management space!" a CDW employee posted.
Another wrote: "It's been a difficult day today. CDW has announced company-wide layoffs due to a tough tech economy and unfortunately, I have been impacted. I am looking for a new position within the Azure Cloud/IT space".
CDW expects first quarter net sales of about $5.1 billion, well below the estimates of $5.28 billion.
"Today was the end of one chapter for me and the beginning of another. CDW laid off a bunch of people today and I was one of them. I look forward to what is next," wrote another sacked employee.
On the layoff tracking website thelayoff.com, posts suggest that anywhere from 600 to 1,000 employees are being laid off across the company.
7 hours ago
Delnaaz Irani: Main aaj tak Sweetu ka hi kha rahi hoon
7 hours ago
EAM Jaishankar, US Secretary of State Rubio discuss strategic partnership
9 hours ago
EAM Jaishankar discusses collaboration in AI, space, energy with counterparts from UAE, France
9 hours ago
India, Russia defence ties gain fresh momentum through joint development, production: Report
9 hours ago
Asian Games: Mirabai Chanu seeks Arjuna Award after winning historic silver
9 hours ago
'Pursue alternative remedies': SC declines to entertain PIL on removal of hateful social media content
12 hours ago
If Election Commissioners were aware and allowed it, it’s serious assault on democracy: Priyanka Gandhi
12 hours ago
Banks to remain open on coming Sunday ahead of 3-day proposed strike
12 hours ago
LSR online classes over women safety sends clear message that women not safe in Delhi: Congress
13 hours ago
Lucky Ali says ‘Muskura Do’ from Drishyam: The Conclusion ‘reminded him of simple moments with family’
13 hours ago
Kerry Washington says she gets ‘terrified’ every time a magazine cover drops
13 hours ago
Shraddha Kapoor gorges on modak as she shares glimpses from Ganpati celebrations
13 hours ago
Emraan Hashmi on ‘Afsaana Banaaya Aapne': There’s nostalgia attached to Himesh, Aditya and me coming together again
