Dell says biz transformation continues. Translation: More layoffs

Dell reported a smashing quarter, and employees should be prepared for what that means: Layoffs. In its latest 10-Q filing with the US Securities and Exchange Commission, published in the wake of its fiscal Q2 2025 earnings report, the systems maker admitted that those sparkling sales numbers don't change the fact that AI …

[2Blockchainz]

What Dell won't say

The market is moving away from ots high-margin SAN and server business, and buy low-to-no margin GPU accelerated servers.

Great for Nvidia, bad for Dell, which is now basically an Nvidia distributor.

[EricB123]

Can't live a middle class lifestyle anymore

How can you purchase a home, car or anything of value when you have to constantly worry about losing your job?

[UnknownUnknown]

Re: Can't live a middle class lifestyle anymore

You can’t. Simple as.

This will be the false dichotomy of AI and slavering CEO’s like Klarna. It’s back the Victorian workhouse for most of us.

Project 2025 / and other Neo-Con nutters - wanting to gut US Government to nothing is another Siren Song.

https://www.theregister.com/AMP/2024/08/29/ai_hiring_freeze_klarna/

[Anonymous Coward]

"Where retail meets the intelligent edge, great things are happening". Yeah, but not for Dell employees. US victims are already being notified. It's unclear how this company will continue to run after the bloodletting has stopped, but if they're thinking AI is going to take over the functions of those 12,500 people, they've been listening too closely to their own marketing horsecrap.