On Tuesday, Dell announced the termination of a certain amount of workers, its second large-scale layoff in the previous 15 months. In order to focus on artificial intelligence, the corporation made layoffs to its sales and marketing departments.
Bloomberg reports that Dell executives revealed the layoffs in an internal memo. The amount of positions that will be lost was not confirmed by the corporation, but according to a story from SiliconAngle that cites an unidentified source, the number is estimated to be approximately 12,500. The same figure is reported by a layoff tracker. Dell employed about 120,000 people as of February; assuming the cited figure is correct, this week’s layoffs will represent about 10% of the company’s workforce.
“We are getting leaner,” according to an internal memo that Global Theaters and Dell Technologies Direct president of sales John Byrne and president of global sales and operations Bill Scannell allegedly told staff members. We’re rearranging our investment priorities and cutting back on levels of management.
Social media, particularly Reddit and LinkedIn, a professional networking site, saw an outpouring after that. Given the continuous wave of huge layoffs in the tech industry, workers wrote about feeling a mixture of rage and worry about what’s coming next. On LinkedIn, a former employee of Dell likened last week’s layoffs to a “bloodbath.” After working at Dell for 24 years, another former employee said he was let go. “I received a meeting invite late on Friday and was laid off this morning,” a former Dell employee who was part of the mass layoffs wrote on Reddit.
The Dell layoffs are an extension of the previous fiscal year’s layoffs, which resulted in the loss of 13,000 workers. Not all tech companies are laying off employees, just Dell is. Intel revealed last week that it would be laying off 15,000 employees this year. This year’s job losses in the tech sector are a part of a wider trend that started last year.
Also Read : Blockchain vs Traditional Databases: A Comparative Analysis 2024