Dell layoffs, on the record
Every job cut, severance charge and restructuring Dell reported in its annual reports, 2023 to 2026, quoted from the filings. Headcount went from approximately 133,000 to approximately 97,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | approximately 133,000 | February 3, 2023 |
| 10-K for 2024 | approximately 120,000 | February 2, 2024 |
| 10-K for 2025 | approximately 108,000 | January 31, 2025 |
| 10-K for 2026 | approximately 97,000 | January 30, 2026 |
Job cuts, severance and restructuring
Our summaryDell limited external hiring and took other cost-reduction measures in response to macroeconomic conditions.
Word for word“As a result of rapidly evolving macroeconomic conditions during Fiscal 2023, we took certain measures to reduce cost, including limiting external hiring.” 10-K for 2023
Our summaryDell recorded about $0.5 billion of costs tied mainly to a strategic workforce reduction it announced after the close of Fiscal 2023.
Word for word“During Fiscal 2023, other corporate expenses includes $0.5 billion in costs primarily associated with our strategic workforce reduction announced subsequent to the close of Fiscal 2023.” 10-K for 2023
Our summaryDell recognized $367 million of expense for severance actions in the fourth quarter of Fiscal 2023.
Word for word“The Company recognized $ 367 million of expense associated with these actions in the fourth quarter of the fiscal year ended February 3, 2023.” 10-K for 2023
Our summaryDell took cost-cutting steps during Fiscal 2024, including limiting external hiring and reorganizing employees, to align spending with its strategic and customer priorities.
Word for word“Throughout Fiscal 2024, we continued to take certain measures to reduce costs, including limiting external hiring, employee reorganizations, and other actions to align our investments with our announced strategic and customer priorities.” 10-K for 2024
Our summaryDell recorded severance expense for workforce reduction activities in Fiscal 2024 and Fiscal 2023.
Word for word“During Fiscal 2024 and Fiscal 2023, we recognized $0.6 billion and $0.5 billion, respectively, of severance expense related to workforce reduction activities.” 10-K for 2024
Our summaryDell took cost-cutting steps during Fiscal 2025, including limiting outside hiring and reorganizing employees.
Word for word“Throughout Fiscal 2025, we remained committed to disciplined cost management in coordination with our ongoing business modernization initiatives and continued to take certain measures to reduce costs, including limitation of external hiring, employee reorganizations, and other actions to align our investments with our announced strategic and customer priorities.” 10-K for 2025
Our summaryDell recorded severance expense tied to workforce reduction activities in Fiscal 2025, 2024 and 2023.
Word for word“During Fiscal 2025, Fiscal 2024, and Fiscal 2023, we recognized $0.7 billion, $0.6 billion, and $0.5 billion, respectively, of severance expense related to workforce reduction activities.” 10-K for 2025
Our summaryDell continued cost-cutting measures during Fiscal 2026, including employee reorganizations and limiting external hiring.
Word for word“Throughout Fiscal 2026, we remained committed to disciplined cost management in coordination with our ongoing business modernization initiatives and continued to take certain measures to reduce costs, including employee reorganizations, limitation of external hiring, and other actions to align our investments with our announced strategic and customer priorities.” 10-K for 2026
Our summaryDell recorded severance expense for workforce reduction activities in each of the last three fiscal years.
Word for word“During Fiscal 2026, Fiscal 2025, and Fiscal 2024, we recognized $0.6 billion, $0.7 billion, and $0.6 billion, respectively, of severance expense related to workforce reduction activities.” 10-K for 2026
| Fiscal year ended | Severance costs | Cash paid for restructuring |
|---|---|---|
| 2017-02-03 | — | $221 million |
| 2018-02-02 | — | $400 million |
| 2019-02-01 | — | $244 million |
| 2020-01-31 | $174 million | $159 million |
| 2021-01-29 | $368 million | $376 million |
| 2022-01-28 | $134 million | $169 million |
| 2023-02-03 | $527 million | $193 million |
| 2024-02-02 | $648 million | $704 million |
| 2025-01-31 | $693 million | $807 million |
| 2026-01-30 | $569 million | $671 million |
Dell has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Dell’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.