Rumors of mass layoffs at Dell were not exaggerated, The Register claims after reviewing the giant's latest annual report, which shows that its workforce shrank by 12,000 people in the year.
Rumors of mass layoffs at Dell were not exaggerated, The Register claims after reviewing the giant's latest annual report, which shows that its workforce shrank by 12,000 people in the year.
The Register reviewed Dell's Form 10-K, which is the company's official annual report, not the glossy version for shareholders. According to it, the company had about 108,000 employees at the end of January 2025. Last year's Form 10-K showed that it had 120,000 employees, and the staff had decreased by 13,000 employees. That's minus 25,000 in two years.
At the same time, The Register notes that layoffs should not be the only reason for Dell's staff reductions. Some employees at all companies decide to leave of their own free will, and technology companies often reduce teams working on older products.
Recall that in August 2024, it became known about a wave of layoffs at Dell due to the implementation of an artificial intelligence development strategy.
Also, the reported headcount (108,000) may be lower, as Dell sold its cybersecurity subsidiary Secureworks after January 31, 2025.
