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Dell Cuts 11,000 Jobs Amid AI Shift and Cost Cuts

3/17/2026

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Summary

Story summary

Dell Technologies reduced its workforce by 11,000 employees in fiscal 2026 to cut costs amid AI concerns.
As of January 31, 2026, Dell Technologies had 97,000 employees, a 27% decline over three years.
Severance pay totaled $569 million in fiscal 2026, down from $693 million the prior year.
Infrastructure Solutions Group revenue rose 40% in fiscal 2026.
Dell Technologies is pursuing the One Dell Way overhaul.

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Story summary

Dell Technologies reduced its workforce by 11,000 employees in fiscal 2026 to cut costs amid AI concerns.
As of January 31, 2026, Dell Technologies had 97,000 employees, a 27% decline over three years.
Severance pay totaled $569 million in fiscal 2026, down from $693 million the prior year.
Infrastructure Solutions Group revenue rose 40% in fiscal 2026.
Dell Technologies is pursuing the One Dell Way overhaul.