Islamabad, Aug 8: Dell Technologies is reorganizing its marketing and sales departments, which will lead to layoffs. The precise number of workers impacted is not yet known. As part of this restructuring, a new team focused on artificial intelligence (AI) services is being established, according to Bloomberg.
According to early reports, a company-wide layoff of about 12,500 workers, or about 10% of Dell’s global workforce, was scheduled to start on Tuesday. These numbers, however, might be overstated as they have not been formally verified.Chief Analyst at CUBE Research Dave Vellante expressed suspicion about the veracity of the stated figure, pointing out that an SEC filing would normally be required for a drop of this magnitude.
A prior round of layoffs that impacted almost 6,000 workers was revealed in a 10-K file made in February 2023 to the Securities and Exchange Commission. When Dell delivers its earnings report on August 29, which is anticipated to include severance and related charges, the scale of the present job layoffs might become more apparent. Dell sent SiliconANGLE an email, but it contained no information about the layoffs.
We are building a leaner organization by reorganizing our go-to-market teams and implementing a continuous set of actions. We are merging teams and allocating resources across the organization based on priority. We continuously improve our company to ensure that we can provide our partners and clients with the greatest innovation, value, and service.
The company’s efforts to streamline processes were communicated to staff through an internal communication by Bill Scannell, President of Global Sales and processes, and John Byrne, President of Sales for Global Theaters and Dell Technologies Direct. The CEOs stressed rearranging investment priorities and cutting back on management levels.