Dell's FY2024 10-K disclosed 13,000 layoffs over fiscal year (133k→120k employees). Dell had announced 6,650 cuts in Feb 2024. Moving aggressively into AI server infrastructure (PowerEdge AI servers) while cutting legacy PC and enterprise sales roles.

Annual 10-K filing revealed 13,000 total cuts (~10% of workforce) during fiscal year; framed as cost-cutting and resource reallocation.