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Dell's job cuts aren't over yet

Sep 11, 2024, 20:31 IST
Business Insider
Dell has said it will cut its workforce further throughout the year until February 2025. Brandon Bell/Getty Images
  • Dell plans further workforce cuts and limits external hiring through February 2025.
  • Dell is taking measures to minimize spending and to adapt to an AI world.
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Dell is planning further cuts to its workforce.

The company said in an SEC filing on Tuesday that it plans to limit external hiring and reorganize some roles to reduce its overall head count through the fiscal year ending February 2025.

"We remain committed to disciplined cost management in coordination with our ongoing business transformation initiatives and will continue to take certain measures to reduce costs," the company said.

Dell has been cutting jobs since February 2023 and looking to cut costs as demand for its PCs slows.

Meanwhile, advancements in AI have been identified as an area of growth that it's eager to focus on.

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In August, it announced it would lay off thousands of workers as part of a restructuring of its sales division to adapt to an AI world.

An internal memo sent to members of the sales team at the time said that an AI-specific sales unit was being set up and that modernization would free up time for sales teams to focus on selling.

But Dell staff said they thought there would be many more terminations.

"There are no opportunities to move up," one Dell salesperson previously told Business Insider, "I have been looking for a new job outside of Dell for nine months."

Dell did not immediately respond to a request for comment from Business Insider.

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