Dell Layoffs 2026: 11,000 Jobs Cut as Workforce Drops 10% in Fiscal Year

Dell Technologies has quietly reduced its global workforce by approximately 11,000 employees in fiscal year 2026, marking a roughly 10% decline for the third consecutive year. This brings the company’s total headcount to about 97,000 as of January 31, 2026, down from around 108,000 the previous year.

The reduction, disclosed in Dell’s latest 10-K annual filing with the U.S. Securities and Exchange Commission (SEC), combines layoffs, natural attrition, limited external hiring, and restructuring efforts. Dell described these actions as part of disciplined cost management to align resources with strategic priorities in a fast-changing tech environment.

Key Facts on Dell Layoffs 2026

Fiscal Year: Ended January 31, 2026 (FY2026)
Headcount Reduction: ~11,000 employees (approximately 10%)
Current Global Workforce: ~97,000 employees
Previous Year (FY2025): ~108,000 employees (similar 10% drop from prior year)
Three-Year Trend: Cumulative reduction of about 27% since FY2023 (from ~133,000 employees)
Severance Costs: $569 million spent on severance and related payments in FY2026 (down from $693 million the prior year)

Dell emphasized that these workforce adjustments support focus on high-growth areas like AI servers, infrastructure, and enterprise solutions, where demand remains robust despite softer trends in traditional PC markets.

Why Dell Is Cutting Jobs in 2026

Several factors are driving Dell’s ongoing restructuring:

Shift to AI and servers — Redirecting resources toward booming AI infrastructure demand
Cost discipline — Limiting hiring and streamlining operations amid economic pressures
Broader tech industry trends — Many companies are optimizing headcount while investing heavily in AI
Quiet approach — Unlike mass public announcements, Dell relies more on attrition and targeted reductions

This marks the third straight year of similar ~10% workforce shrinkage, highlighting sustained efficiency efforts even as the company reports strong financial performance in AI-related segments.

For the most accurate details, always refer to Dell’s official SEC 10-K filing or Investor Relations page.

Sources: Dell Technologies 10-K filing (March 2026), Reuters (March 16, 2026)