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    TechnologyDell announces major job cuts as tech industry layoffs surge in 2024

    Dell announces major job cuts as tech industry layoffs surge in 2024

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    Dell announces workforce reduction as major tech companies continue job cuts

    With mounting macroeconomic headwinds slowing growth across various industries, another leading tech giant has announced downsizing efforts. Dell Technologies, a prominent player in the computing hardware space, recently communicated reductions impacting its sales and marketing teams.

    Sources privy to the development peg the estimated number of impacted roles at around 12,500 according to layoff trackers, representing nearly 10% of Dell's global workforce. The move comes as the company focuses on realigning resources toward priority areas like artificial intelligence and streamlining existing operations.

    While Dell did not provide specifics on the number of affected positions, internal correspondence acknowledged making its operations “leaner” through flattening management layers and prioritizing investments. Understandably, the announcement has left many current and former employees disheartened based on online discussions.

    This is the second major workforce adjustment undertaken by Dell within the last year-and-a-half, as a previous round in late 2022 saw 13,000 roles eliminated. Its actions are indicative of an industrywide trend of major tech players downsizing to brace against a challenging demand . Just last week, semiconductor giant Intel unveiled plans to cut around 15,000 globally over the course of this year.

    Northlines
    Northlines
    The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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