Mass layoffs at Dell

https://www.livemint.com/companies/company-results/dell-fires-12-500-employees-in-major-shift-toward-ai-report-11723004175038.html Tech layoffs: Dell fires 12,500 employees in major shift toward AI, says report

Dell made a statement today that they will layoff 5% of global workforce about 6,650 in the current week Any further information known other than this? Like Which teams are affected and how many in India etc?

Saw this Twitter post: https://twitter.com/Ravisutanjani/status/1622503958140043264?t=Fc6YK2Ri8AooH2ZxdsP_SQ&s=19

cold recession?

Which teams will be affected by the layoffs announced by Dell?

- Dell Technologies Inc. is cutting jobs as part of a reorganization of its sales teams, introducing a new group focused on AI products and services. - Sales executives Bill Scannell and John Byrne announced the streamlining of management layers and reprioritization of investments in a memo to employees. - The company will also change its approach to data center sales, aiming to capitalize on the growing interest in AI workloads. - Despite a 34% increase in shares this year, Dell has faced challenges, including a major workforce reduction in early 2023 and a decline in its personal computer business. - Dell remains optimistic about the future, with plans to grow faster than the market by leveraging AI-optimized PCs and modern IT solutions. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-08-05/dell-layoffs-hit-sales-team-with-new-unit-focused-on-ai)

Dell to layoff 6500 employees, cut 5% of workforce.

https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs