**Dell Technologies Announces Second Round of Layoffs in 15 Months**
1. **12,500 Employees Laid Off**: Dell Technologies has cut around 12,500 jobs in its latest round of layoffs.
2. **Second Layoff Round**: This move marks the second major round of layoffs in the past 15 months for the company.
3. **Severance Packages Offered**: The affected employees are being provided severance packages that include two months’ wages and an additional week of pay for each year of service.
4. **Strategic Restructuring**: The layoffs are part of Dell’s broader strategy to restructure the company and refocus its resources.
5. **Shift Towards AI**: Dell is concentrating more on artificial intelligence (AI) and technology related to it as part of its new strategic direction.
**Dell Fires 12,500 Employees in Second Round of Layoffs: Full Story in 5 Points**
1. **Second Round of Layoffs Announced**: Dell Technologies has confirmed another round of layoffs, affecting approximately 12,500 employees, which constitutes about 10% of its workforce.
2. **Focus on AI and Modern IT**: The layoffs are part of a broader strategy to streamline operations and invest more heavily in artificial intelligence (AI) and modern IT solutions, aiming to drive future growth.
3. **Severance Packages Offered**: Affected employees are receiving severance packages that include two months’ wages plus an additional week per year of service, up to a maximum of 26 weeks. Some employees have expressed dissatisfaction over lost incentives and stock options.
4. **Communication and Reactions**: The decision was communicated through a memo by Bill Scannell and John Byrne, emphasizing the need to streamline management layers. Employees were informed during HR exit meetings or rescheduled one-on-one meetings.
5. **Workforce Reduction Trend**: This round of layoffs follows a previous reduction of about 13,000 employees in the 2023 fiscal year. Dell’s workforce is expected to fall below 100,000, down from 120,000, with recent policy changes also contributing to the reduction.