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Dell reportedly cuts over 12,000 jobs as it seeks to 'streamline' its structure and boost profitability
Dell will lay off an estimated 10% of its workforce.
According to an internal Dell memo, executives "aim to grow faster than the market by seamlessly meeting our customers and partners online, virtually, or in person to unlock the value of modern IT and AI for their organizations". A study cited by Forbes in late July had 77% of employees voicing that AI has only increased workloads and hampered productivity. Earlier this week, also reported a pharma company canceling a Copilot AI deal, citing high cost, low value, and "middle-school" presentations.
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