Dell Workforce Falls to 97,000 in Fiscal 2026

Dell Technologies reported a workforce of 97,000 employees as of January 31, 2026, marking a decline of approximately 11,000 positions from the previous fiscal year and continuing a three-year trend of reductions totaling about 36,000 jobs. The Texas-based company disclosed the figures in its annual report filed with the U.S. Securities and Exchange Commission on March 16, attributing the cuts to ongoing cost-management efforts amid a strategic pivot toward artificial intelligence infrastructure.

The latest reduction represents roughly a 10 percent drop from the 108,000 employees reported at the end of fiscal 2025. This follows similar 10 percent declines in each of the prior two years, bringing the headcount down from 133,000 in fiscal 2023. Dell's actions include employee reorganizations, restrictions on external hiring, and facility consolidations aimed at aligning resources with business priorities. The company recorded $569 million in severance charges for fiscal 2026, a decrease from $693 million the year before and $648 million in 2024, with the majority affecting sales, general, and administrative functions.

These measures reflect Dell's broader modernization...