Dell executives disclosed in an internal memo that the company is cutting down its workforce in the marketing and sales division as it plans to keep pace in the AI race (Image: X @Dell)
Since global layoffs by tech companies raise concerns and escalate tensions among employees, Dell has now announced that they have dismissed an unspecified number of employees marked as its second largest layoff in a year. This sudden change was initiated cutting marketing divisions and sales rooting toward artificial intelligence.
As per the Bloomberg report, Dell executives disclosed in an internal memo that the company is cutting down its workforce in the marketing and sales division as it plans to keep pace in the AI race. The company did not reveal the exact number of the employees but it was said that the count goes up to 12,500 workers losing their jobs according to an account named The Layoff Tracker on the X platform.
🚨 LAYOFF ALERT – 🌏
Dell Technologies Inc. is cutting jobs as part of a reorganization of its sales teams, impacting 12,500 employees approximately, as the company aims to become leaner. pic.twitter.com/oJpZH1Ww92
— The Layoff Tracker 🚨 (@WhatLayoff) August 5, 2024
John Byrne, president of sales for Global Theatres and Dell Technologies Direct, reportedly stated that the company acknowledges its plan to cut down its workforce as the company gets leaner reprioritising investments by streamlining its layers of management. As many such giants have been on a mission to massively cut down their employees, social media has seen an outpour of anger and dubiousness as the employees share their feelings via X, Reddit and LinkedIn.
Also, read| Mass Layoff In Intel: “This Is Painful,” Says CEO Pat Gelsinger
Earlier this week, Intel announced a mass layoff which may affect at least 15,000 employees in the company. The company intends to take measures to reduce costs as Pat Gelsinger stated in an internal memo sent to the workers. As per the reports, the company aims to cut costs saving $10 billion by 2025 which would enhance financial performance. The dismissed employees may receive a retirement offer and other departure benefits.
In March 2024, Dell Technologies laid off around 6,000 employees as part of cost reduction initiatives and the company limited its hiring process as well. it was reported as the largest workforce cut in two years on account of a revenue drop in 2023.
Also, read| Dell Collaborates With Qualcomm And Microsoft To Launch Copilot+ AI PCs In India
