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Dell Reportedly Laying Off 12,500 Employees


"We are getting leaner," said Dell's Bill Scannell and John Byrne in an internal memo to employees on Monday. "We're streamlining layers of management and reprioritizing where we invest." While no official numbers have been confirmed, a source close to the matter told SiliconANGLE that 12,500 layoff...

While no official numbers have been confirmed, a source close to the matter told SiliconANGLE that 12,500 layoffs, or about 10% of Dell's worldwide workforce, were planned across the company starting Tuesday. "It's unlikely the number is that high because that would typically trigger an SEC filing," said theCUBE Research Chief Analyst Dave Vellante. The number of new layoffs might become more apparent when Dell files its latest earnings report on Aug. 29, which should show severance and other costs.

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Dell lays off 12,500 people