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flag Dell laid off 11,000 workers in 2026, cutting 10% of its workforce, as part of cost-cutting and AI-driven restructuring.

flag Dell cut about 11,000 employees, or 10%, in fiscal 2026, reducing its global workforce to around 97,000, according to its annual report. flag The company spent $569 million on severance, down from $693 million the prior year, as part of ongoing cost management and business modernization. flag The layoffs are part of a broader trend, with over 38,000 tech jobs eliminated across more than 60 companies in 2026, driven by AI automation and restructuring. flag Despite the cuts, Dell reported strong financial results, with shares rising over 24% and plans to double revenue from its AI-optimized servers in 2027. flag The company also increased its dividend by 20% and authorized a $10 billion share repurchase.

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