tech
March 17, 2026
This American Company Laid Off 11,000 People in Fiscal Year 2026: Huge Cut and Millions for Severance
Dell's shares have risen more than 24 percent since the beginning of the year, and revenues from AI servers are expected to double in 2027. More than 60 technology companies globally have laid off approximately 38,000 workers since the beginning of the year.
TL;DR
- Dell's stock has increased by over 24% year-to-date.
- AI server revenues are projected to double by 2027.
- Over 60 tech companies have collectively laid off around 38,000 workers globally this year.