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Stock impact report

Dell workforce shrinks by 10% for third consecutive year [FOX Business Network]

Dell Technologies Inc. Class C (DELL) 
Last dell technologies inc. class c earnings: 2/27 04:25 pm Check Earnings Report
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, we remained committed to disciplined cost management in coordination with our ongoing business modernization initiatives and continued to take certain measures to reduce costs," the company said. Over the years, Dell has implemented numerous cost-cutting measures, including employee reorganizations, restrictions on external hiring and other steps to better align its investments with strategic and customer priorities. In its most recent reports, Dell highlighted the extensive integration of AI and machine learning technologies across its operations, including IT management, software solutions and the use of specialized servers. Dell, w Show less Read more
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