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Dell’s workforce fell 10% for the third year in a row, according to annual reports filed Monday.
As of Jan. 30, the Texas-based giant reported a headcount of 97,000, down about 11,000 from its previous year’s 108,000.
The reduction was driven primarily by cost-cutting measures, including staff restructuring, limited outsourcing and institutional consolidation to better plan investments.
“Throughout Fiscal 2026, we have been committed to cost control in a systematic manner in line with our ongoing business development plans and continued to take some cost-cutting measures,” the company said.
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Exterior of Dell Technologies office building Jan. 4, 2023, in Round Rock, Texas. (Photos by Brandon Bell / Getty Images)
Over the years, Dell has implemented a number of cost-cutting measures, including workforce restructuring, restrictions on outsourcing and other measures to better align its strategic investments with customer priorities.
In its latest report, 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, whose shares are up nearly 20% so far this year, said in February that the company expects revenue from its AI-powered server orders to double by 2027.
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The Dell Technologies logo is prominently displayed at the company’s booth during the Mobile World Congress in Barcelona, Spain, March 5, 2026. (Joan Cros/NurPhoto via Getty Images/Getty Images)
According to its 2026 financial report, Dell recorded severance costs of $569 million, compared to $693 million in 2025 and $648 million in 2024. These payments primarily affected the sales, general and administrative departments, followed by net income and research and development costs each year.
While Dell reported a workforce of 97,000 in 2026, the company had 133,000 employees in 2023.
| A ticker | Security | Finally | Change | change % |
|---|---|---|---|---|
| DELL | Company DELL TECHNOLOGIES INC. | 153.01 | -3.53 |
-2.26% |
In 2023, Dell announced a workforce reduction of approximately 5% to cope with the challenging global economic environment.
The following year, Dell’s workforce fell by 13,000, a 9.8% reduction in its workforce.
By 2025, Dell has also recorded a 10% workforce reduction, representing 12,000 fewer employees.
Most recently, the company reported a 10.2% decline in 2026.
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The Dell logo displayed on the smartphone. (Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images/Getty Images)
Silicon Valley workers have grown increasingly concerned about AI-driven disruption as tech companies like Meta and Oracle reportedly plan to lay off more people.
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Earlier this month, Meta was reported to be looking at a massive 20% reduction in staff as the use of AI infrastructure continues to increase. It is reported that Oracle is also considering cutting tens of thousands of jobs amid AI spending and increased financial pressure.
Reuters also linked the workforce cuts to competitive demands in the booming AI infrastructure sector, pressuring companies to cut costs.
Reuters contributed to this report.
