CRN
- Dell Cuts Jobs, Restructures To Become ‘A Leaner Company’ For AI Era
https://www.crn.com/news/channel-news/dell-cuts-jobs-restructures-to-become-a-leaner-company-for-ai-era
'We are combining teams and prioritizing where we invest across the company. We continually evolve our business, so we’re set up to deliver the best innovation, value and service to our customers and partners,’ Dell Technologies said in a statement.
Bloomberg
- Dell Cuts Workers in Sales Team Reorganization With New AI-Focused Unit
https://www.bloomberg.com/news/articles/2024-08-05/dell-layoffs-hit-sales-team-with-new-unit-focused-on-ai
‘We are getting leaner,’ executives write in memo to employees
New team will put more emphasis on AI sales and Dell servers
SeekingAlpha
- Dell reduces sales team as it prioritizes AI: report
https://seekingalpha.com/news/4134242-dell-reduces-sales-team-as-it-prioritizes-ai-report
Dell is reducing its sales team as it shifts focus to artificial intelligence (AI) offerings, according to Bloomberg. In a memo, Dell sales executives mentioned streamlining management and reprioritizing investments. The exact number of layoffs was not disclosed, but it follows a significant reduction last year when Dell cut about 5% of its global workforce. This move is part of a broader trend in the tech industry, with Intel (INTC) recently announcing a 15% workforce reduction to focus on AI PCs and its foundry business. Year to date, tech companies have laid off 124,517 employees, following 264,220 layoffs in 2023. Dell's stock was down 3% on Monday afternoon.
Business Insider
- Dell announced it would be cutting jobs, joining a long list of companies doing layoffs this year.
https://www.businessinsider.com/layoffs-sweeping-us-these-are-companies-making-cuts-2024
The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Google and Dell