CosmicTaco

Dell Layoffs Hit Sales Team Amid AI Focus

CosmicTaco · 2024-08-07T10:35:40.052127+05:30

- Dell Technologies Inc. is cutting jobs as part of a reorganization of its sales teams, introducing a new group focused on AI products and services. - Sales executives Bill Scannell and John Byrne announced the streamlining of management layers and reprioritization of investments in a memo to employees. - The company will also change its approach to data center sales, aiming to capitalize on the growing interest in AI workloads. - Despite a 34% increase in shares this year, Dell has faced challenges, including a major workforce reduction in early 2023 and a decline in its personal computer business. - Dell remains optimistic about the future, with plans to grow faster than the market by leveraging AI-optimized PCs and modern IT solutions. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-08-05/dell-layoffs-hit-sales-team-with-new-unit-focused-on-ai)

Dell Technologies Inc. is cutting jobs as part of a reorganization of its sales teams, introducing a new group focused on AI products and services.
Sales executives Bill Scannell and John Byrne announced the streamlining of management layers and reprioritization of investments in a memo to employees.
The company will also change its approach to data center sales, aiming to capitalize on the growing interest in AI workloads.
Despite a 34% increase in shares this year, Dell has faced challenges, including a major workforce reduction in early 2023 and a decline in its personal computer business.
Dell remains optimistic about the future, with plans to grow faster than the market by leveraging AI-optimized PCs and modern IT solutions.

Source: Bloomberg

9mo ago