ROUND ROCK, Texas — Dell Technologies is the latest tech company to make a significant cut in its workforce.
Dell will cut about 5% of its workforce. This means that 6,600 out of the 133,000 total workers that was reported in early 2022 are being taken off the payroll.
A statement was released to KVUE regarding the layoffs:
"Dell continuously assesses our business to ensure we’re set up to deliver the best innovation, value and service to our customers and partners. This is especially important as economic uncertainty has continued. Since June, we paused external hiring and reduced spending to navigate a challenging global environment. We have further opportunity to drive efficiency through department reorganizations, which has resulted in a reduction of team members across the globe. This is a difficult decision that was not made lightly, and we’ll support those impacted as they transition to their next opportunity.
"This will impact about 5 percent of our global workforce. We have about 133,000 team members.
"Dell Media Relations Team"
In January 2022, Dell reported 133,000 employees. The report stated 32,000 less employees than in 2020, which is down from 165,000 employees three years ago. This decrease in staff comes from Dell branching off into VMware, which is a cloud-software company.
Mayor Craig Morgan of Round Rock, where Dell's campus is based, provided KVUE with the following statement regarding the layoffs:
“Round Rock’s economy remains strong. Dell Technologies’ relocation to Round Rock over 25 years ago was crucial in developing our city as we know it today, spawning homes and businesses catering to thousands of local Dell employees. Dell is a major player in our economy, and we’ve worked hard to welcome a diverse group of job-providing industries to our community that can and have weathered economic changes.”
Dell isn't the only one to trim back its workforce. Thousands of employees have been laid off from Microsoft Corp, Amazon.com Inc, FedEx Corp., 3M Co. and Dow Inc in the last few weeks.