Dell Lays Off 12,500 Employees in Major AI-Focused Restructuring

The tech giant aims to streamline operations and pivot towards AI and data center sales amid declining PC market.

Internal memos reveal Dell's strategy to consolidate sales teams and cut management layers.
The layoffs represent approximately 10% of Dell's global workforce, reducing headcount to under 100,000.
Severance packages include two months' pay plus additional benefits based on tenure.
Dell's stock has dropped nearly 6% following the announcement, reflecting investor concerns.
This move follows similar layoffs by other tech giants like Intel, which recently cut 15% of its workforce.