Dell said its total workforce fell about 10% or roughly 11,000 employees in fiscal 2026.
Dell’s annual report showed it spent US$569 million in severance payments in fiscal 2026, down from US$693 million a year earlier.
Dell’s annual report showed it had about 97,000 employees as of Jan. 31, 2026, down from about 108,000 a year earlier; the report also said the workforce had declined by about 10% in fiscal 2025.
Dell said last month it expects revenue from its AI-optimized servers business to double in fiscal year 2027, and in February it raised its cash dividend by 20% and added US$10 billion to its share repurchase program.
Source – https://www.techinasia.com/news/dell-cuts-11000-jobs-while-expanding-ai-servers