Dell Technologies 723 Million Trading Volume Ranks 99th Amidst Workforce Cuts and AI Focus

On March 27, 2025, Dell Technologies (DELL) saw a trading volume of $723 million, ranking 99th in the day's stock market activity. The company's stock price increased by 0.87%.

Dell Technologies has significantly reduced its workforce over the past two years, with a total of 25,000 employees leaving the company. This reduction is part of a broader strategy that includes layoffs and a focus on AI tools to enhance the efficiency of the remaining staff. The company's headcount stood at 133,000 in February 2023 and has since decreased to 108,000 as of January 31, 2025, marking a 19% reduction over the two-year period.

In August 2024, Dell restructured its sales divisions, resulting in the layoff of over 20,000 workers. The company cited the need to prepare for "the world of AI" as the reason for these layoffs. Additionally, Dell implemented return-to-office (RTO) mandates, requiring all staff within 90 minutes of Dell offices to return to full-time in-office work as of January 2025. This policy has been met with resistance from employees, with reports indicating that 50% of Dell's full-time US-based employees prefer to remain remote and would even sacrifice promotions to do so.

Despite the significant workforce reduction, Dell's annual revenue grew by 8% in its 2024 financial year. However, the company's shares have dropped by 15% in 2025, reflecting the impact of these strategic changes on investor sentiment. The reduction in workforce and the implementation of RTO mandates have been key factors in the company's recent performance, highlighting the challenges and opportunities that Dell faces as it navigates the evolving tech landscape.