Dell workforce drops 10% in fiscal 2026, filing shows
Dell is cutting 11,000 jobs, about 10% of its workforce, and reducing hiring while investing in AI server growth and increasing dividends and share buybacks.
- Dell Inc. said in its 10‑K filing published on Monday that its workforce fell by 11,000 in the year to January 31, 2026, leaving roughly 97,000 employees.
- Dell Inc.'s modernization push includes employee reorganizations and a systems overhaul called the 'biggest transformation in company history' in a January memo, with One Dell Way aiming to double AI server revenue by fiscal 2027.
- Dell's filings show a 27% decline versus February 2023, with $569 million spent on severance, and about 10% headcount reductions for the third year in a row.
- Dell limited external hiring and tightened workplace policies, including a 5‑day RTO mandate and February compensation changes, while boosting shareholder returns with a 20% dividend hike and $10 billion buyback.
- Amid a broader tech layoff wave, Layoffs.fyi tracks more than 38,000 cuts this year, with Amazon cutting 16,000 jobs, Block halving its workforce, Atlassian laying off 4,000, and Meta planning 20% cuts.
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Dell lays off 11,000 employees, spends $569M on severance as AI shift accelerates job cuts, filing shows - Tech Startups
Dell just made one thing clear: the AI boom is not saving jobs—it’s reshaping them. In its latest annual filing, the company confirmed it cut about 11,000 employees in fiscal 2026, trimming roughly 10% of its workforce. The move came with […] The post Dell lays off 11,000 employees, spends $569M on severance as AI shift accelerates job cuts, filing shows first appeared on Tech Startups.
Dell workforce shrinks by 10% for third consecutive year
Dell’s workforce has fallen by 10% for a third year in a row, according to annual reports filed Monday. As of Jan. 30, the Texas-based tech giant reported a headcount of 97,000 employees, down roughly 11,000 from its previous year of 108,000. The reductions were primarily driven by cost-cutting measures, including employee reorganizations, restricted external hiring and facility consolidation to better align investments."Throughout Fiscal 2026, …
Dell workforce shrinks again in FY26, AI strategy drives layoffs and hiring slowdown: Report
The company reportedly had around 97,000 employees as of 31 January, down from approximately 108,000 a year earlier. This follows a similar decline of about 10% in fiscal year 2025, indicating a sustained trend of workforce reduction.
Dell Layoffs: Workforce of US-Based Tech Giant Shrinks 10% in Fiscal 2026 Amid Limited Hiring and Cost Cutting, 11,000 People Lose Jobs | 📲 LatestLY
Dell Technologies reduced its workforce by 10%, or 11,000 employees, in fiscal 2026 to reach a total of 97,000. The company spent $569 million on severance as it prioritizes AI server growth and cost reduction. Despite the layoffs, Dell expects AI revenue to double by 2027 and recently increased its dividend. 📲 Dell Layoffs: Workforce of US-Based Tech Giant Shrinks 10% in Fiscal 2026 Amid Limited Hiring and Cost Cutting, 11,000 People Lose Jobs.
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