Dell Lays Off Thousands Of Workers To Unlock Modern AI

https://www.livemint.com/companies/company-results/dell-fires-12-500-employees-in-major-shift-toward-ai-report-11723004175038.html Tech layoffs: Dell fires 12,500 employees in major shift toward AI, says report

tl;dr

1. Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
2. Major global tech giants (...

• 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 managemen...

Is it true that Microsoft is laying off 10000 employees today?