Dell may let go of 12,500 workers globally on Tuesday, or over 10% of its whole workforce. Nevertheless, these figures may be inflated as they have not been formally verified.
Chief Analyst at CUBE Research Dave Vellante questioned the authenticity of the stated data, pointing out that typically such a significant reduction necessitates an SEC filing. Dell disclosed another round of layoffs earlier this year in a 10-K filing with the Securities and Exchange Commission, affecting roughly 6,000 workers. When Dell releases its earnings report on August 29, which is anticipated to contain severance and related costs, the complete specifics of the present job layoffs may become public.
Dell did not specify details about the layoffs in an email to SiliconANGLE, stating:
“We are building a leaner organization by reorganizing our go-to-market teams and continuing with ongoing initiatives. We are combining teams and focusing on where we invest across the company. We are constantly evolving our business to deliver the best innovation, value, and service to our customers and partners.”
In an internal message, Bill Scannell, President of Global Sales and Operations, and John Byrne, President of Sales for Global Theaters and Dell Technologies Direct, informed employees about the company’s efforts to streamline operations. They highlighted a reduction in management layers and a shift in investment priorities.