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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 ...

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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.

 

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