City
Epaper

Dell to lay off employees in sales teams

By Lokmat English Desk | Updated: August 8, 2023 11:54 IST

Dell Technologies has confirmed that it will cut jobs among its core sales teams as it adopts a new ...

Open in App

Dell Technologies has confirmed that it will cut jobs among its core sales teams as it adopts a new partner led to to market model that pays its direct sales force more to sell storage products through the channel.“Some members of our sales team will leave the company. We don’t make these decisions lightly, and we’ll support those impacted as they transition to their next opportunity,” a Dell spokesperson said.

“We’re always assessing our business to remain competitive and ensure we’re set up to deliver the best innovation, value and service to our customers and partners.” The new round of job cuts came just two weeks after Dell Co-COO Chuck Whitten resigned abruptly, according to the report.In its financial results for its fiscal 2024 first quarter, Dell reported revenue of $20.9 billion, down 20 per cent and generated operating income of $1.1 billion. We executed well against a challenging economic backdrop. We maintained pricing discipline, reduced operating expenses, and our supply chain continued to perform well after normalising ahead of competitors," Whitten had said.

 

Tags: DellJob Cuts
Open in App

Related Stories

Technology'Today Is Your Last Working Day': Oracle Lays Off 30,000 Employees in Single 6 am Email, 12,000 From India

BusinessOracle Layoffs: Company May Cut Up to 30,000 Jobs Amid AI Data Centre Spending Crunch

TechnologyTech Layoffs 2026: From Amazon to Pinterest, Top Companies That Cut Jobs in January

TechnologyTCS Layoffs: Over 30,000 Jobs Cut in 6 Months Due To AI, Automation

TechnologyMeta Layoffs: Facebook-Owned Firm to Cut 600 Employees From AI Unit

Technology Realted Stories

TechnologyFuel supplies adequate, no need to panic: IOCL

TechnologyGovt working to minimise supply chain impact, pharma sector unaffected: Commerce Secretary

TechnologyNITI Aayog launches ATL Sarthi, Mentor India Academy to deepen school‑level innovation

Technology21 states carrying out press briefs to counter misinformation around LPG: Centre

TechnologySAIL provides 4,000 tonnes of steel for 'INS Taragiri' warship