Dell lays off 12,500 people
Dell has laid off around 12,500 employees, about 10% of its workforce, as part of a reorganization to focus on modern IT and AI solutions, amid industry-wide job cuts.
Read original articleDell has initiated another round of layoffs, reportedly affecting around 12,500 employees, which is approximately 10% of its workforce. This decision comes as part of a reorganization aimed at streamlining operations and enhancing the company's focus on modern IT and AI solutions. The layoffs have impacted even long-term employees, with HR overwhelmed by the process. Dell's leadership emphasized the need to become a leaner organization to better serve customers and partners. The layoffs coincide with a broader trend in the tech industry, where companies like Intel are also reducing their workforce to manage financial challenges. Employees have expressed concerns about the frequency of layoffs and the company's return-to-office mandate, which some view as a stealth layoff strategy. Severance packages for affected employees are expected to include two months' wages plus additional compensation based on tenure. The layoffs reflect Dell's shift towards engaging more with partners rather than relying heavily on in-house sales teams.
- Dell has laid off approximately 12,500 employees, about 10% of its workforce.
- The layoffs are part of a reorganization to streamline operations and focus on AI and modern IT.
- Employees have raised concerns about the impact of layoffs and the return-to-office mandate.
- Severance packages will include two months' wages and additional compensation based on years of service.
- The layoffs align with broader trends in the tech industry, with other companies also reducing staff.
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I can only guess but saying layoff because of AI sounds better than « layoff » (because of mismanagement)?
> Severance for most will likely involve a payout of two months wages plus a week per year served up to a max of 26 weeks
A week per year of service?
I don't consider anything that requires vesting a positive.
instead of the usual, de-humanizing percent of employees usually given
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