Tech layoffs: Dell says job cuts will continue for cost control and profitability concerns
6 months, 2 weeks ago

Tech layoffs: Dell says job cuts will continue for cost control and profitability concerns

Hindustan Times  

Dell Technologies Inc. will continue to reduce its workforce this year, trying to control costs amid concerns that demand for PCs hasn’t rebounded and sales of servers optimized for artificial intelligence aren’t as profitable as other products. Dell said a limitation on outside hiring, job reorganizations and other actions will produce “continued reduction in our overall headcount” in the fiscal year ending in February 2025. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Dell said a limitation on outside hiring, job reorganizations and other actions will produce “continued reduction in our overall headcount” in the fiscal year ending in February 2025. “We remain committed to disciplined cost management in coordination with our ongoing business transformation initiatives and will continue to take certain measures to reduce costs,” Dell said Tuesday in a regulatory filing.

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History of this topic

Dell's workforce drops 10% in fiscal 2025
3 days, 12 hours ago

Dell's workforce drops 10% in fiscal 2025

The Hindu  

Dell Technologies headcount fell by 10% in fiscal 2025, and it reaffirmed its commitment to diversity and inclusion, the AI server maker said on Tuesday. The company in its annual report said it had about 108,000 employees as of January 31, down from about 120,000 a year earlier, as it continued to take measures to reduce costs, including limiting external …

Layoffs Wave Continues To Upset Tech Sector In 2025 Says Report, A Look At Some Major Job Cuts Announced So Far
1 month, 2 weeks ago

Layoffs Wave Continues To Upset Tech Sector In 2025 Says Report, A Look At Some Major Job Cuts Announced So Far

ABP News  

Layoffs in the tech industry seem to not be stopping anytime soon. The wave of job cuts is going strong in the sector as several big US tech companies have already announced workforce reductions in 2025. The Challenger report showed that 49,795 jobs were slashed in January, about 28 per cent higher than 38,792 job cuts announced in December. Major …

Tech Layoffs: 42% Drop In Job Cuts In 2024 As Firms Work Towards Stabilisation
2 months, 3 weeks ago

Tech Layoffs: 42% Drop In Job Cuts In 2024 As Firms Work Towards Stabilisation

ABP News  

Tech Layoffs in 2024: The tech industry made a strong recovery in 2024 after enduring significant losses in 2023, with tracking sites noting a 42 per cent reduction in layoffs compared to the previous year. Intel started the year by announcing plans to cut around 15 per cent of its workforce in January, followed by smaller layoffs from companies such …

Dell’s quarterly revenue misses estimates on PC weakness
4 months ago

Dell’s quarterly revenue misses estimates on PC weakness

Live Mint  

-Dell missed Wall Street expectations for third-quarter revenue on Tuesday, weighed down by weaker demand for its traditional PCs and stiff competition from rival server makers, sending its shares down more than 10% in extended trading. Despite booming demand for Dell's AI-optimized servers used to handle large AI workloads, its traditional PC segment has been facing stiff competition from rivals …

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts
4 months, 3 weeks ago

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts

India Today  

As we near the close of 2024, the wave of layoffs in the tech industry shows no sign of slowing down. Following the mass job cuts announced in 2022 and 2023, tech companies have continued to announce additional layoffs throughout this year amid economic pressures, shifting strategies, and the impact of technological advancements like AI. According to Mozilla, the layoffs …

Major Layoffs In August: Apple, IBM, Sephora, Mastercard, Cisco And More
6 months, 4 weeks ago

Major Layoffs In August: Apple, IBM, Sephora, Mastercard, Cisco And More

ABP News  

Layoffs have become a regular thing for people today, as almost every other company in different sectors across the world is firing employees in large numbers every month. General Motors Layoffs General Motors reduced its global workforce by over 1,000 employees in its software and services division as part of a strategy to cut operational costs. GoPro Layoffs: Action camera …

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift
7 months, 3 weeks ago

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift

Hindustan Times  

Dell announced a major reorganisation of its sales division which included layoffs aimed at modernising operations at the computer giant to increase focus on artificial intelligence. Dell informed employees of these changes in an internal memo sharing plans to centralise sales teams and create a new AI-focused sales unit, Business Insider reported. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The company has not …

Big tech job cuts keep coming; Dell latest to trim headcount
2 years, 1 month ago

Big tech job cuts keep coming; Dell latest to trim headcount

Associated Press  

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month. February 2023 Dell: The computer maker reduced its payroll by 5%, or about 6,600 jobs, saying that the steps it’s taken to stay ahead of eroding market conditions are no longer enough. …

Dell to slash over 6,600 jobs, 5% of its workforce, in latest tech layoffs
2 years, 1 month ago

Dell to slash over 6,600 jobs, 5% of its workforce, in latest tech layoffs

Hindustan Times  

Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go. The reductions amount to about 5% of Dell’s global workforce, according to a company spokesperson. The company is experiencing market conditions that “continue to erode with an uncertain future,” Co-Chief Operating Officer …

Dell to lay off around 6,500 workers; 5% of its global workforce
2 years, 1 month ago

Dell to lay off around 6,500 workers; 5% of its global workforce

India TV News  

Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. According to a corporate representative, the layoffs amount to around 5% of Dell's global workforce. Dell saw the worst loss among significant corporations, with a 37% drop compared to the same period in 2021. Dell announced …

Microsoft to cut 10,000 jobs as tech layoffs intensify
2 years, 2 months ago

Microsoft to cut 10,000 jobs as tech layoffs intensify

The Hindu  

Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of the third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S. technology sector as companies brace for an economic downturn. The layoffs and costs related to hardware-portfolio and other changes will result in a charge of $1.2 billion in the second …

Dell revenue growth slows on strong dollar, China lockdowns
2 years, 7 months ago

Dell revenue growth slows on strong dollar, China lockdowns

The Hindu  

Dell Technologies Inc posted its slowest revenue growth in six quarters on Thursday as a surge in the dollar and COVID-19 flare-ups in major market China offset a jump in its enterprise-focused business. Dell's revenue rose 9% to $26.43 billion in the quarter to July 29 and was roughly in line with market expectations, according to Refinitiv data. Consumer revenue …

Dell Unveils Servers For Enterprises
13 years, 1 month ago

Dell Unveils Servers For Enterprises

Firstpost  

Dell Inc launched a new line of servers for enterprise customers, boosting its corporate business unit and shifting its focus further away from consumers, who are increasingly choosing such devices as Apple Inc’s iPad. Chief Executive Michael Dell said his namesake company is no longer a personal computer company and has transformed itself into a business that sells services and …

Dell: Even More Layoffs to Come
16 years, 11 months ago

Dell: Even More Layoffs to Come

Wired  

Dell's analyst meeting is over and the outlook is rough. Executives at the meeting seemed confident in the PC-maker's ability to reach its $3 billion in cutbacks by 2011, but words were minced when it came to layoffs. "We're decreasing our head count," CEO Michael Dell told the crowd of analysts. According to Goldman Sachs analyst David Bailey, it may …

Dell to Lay Off Another 5,600, Close Plant
16 years, 11 months ago

Dell to Lay Off Another 5,600, Close Plant

Wired  

It wasn't that long ago that Dell was handing out pink slips. Lynn Tyson, Dell's VP of investor relations, tackled the details on one of the company's blogs: "Now this does not happen over night," explained Tyson, "In fact we said we believe it will take three years to achieve an annualized savings of $3 billion. This means that before …

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