What will happen to Perot’s employees and leadership team?
As with any acquisition, there will likely be layoffs to reduce overlap between the two companies. Dell officials say they expect to cut $300 million in costs out of the two companies over the next two years. Top executives are staying put, with Dell saying it has reached “long-term retention agreements” with both Altobef and “critical members of his senior leadership team.” Perot has 23,000 employees.
