The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
6,600 jobs Number of planned job losses
Announcement Date
6 February 2023
Employment effect (start)
6 February 2023
Foreseen end date
Description
Dell Technologies has announced a global restructuring plan which will reduce its workforce by approximately 5% (6,600 workers). Dell has not announced which locations will be most impacted, however, it is expected that the offices in USA and Ireland will experience job cuts. The CEO has stated employees should expect to see restructuring in regional sales and Dell Tech Select teams, support services teams and 'ISG' engineering teams. In the public SEC filing there has been no statement on the restructuring process for employees or the role of social partners.
The last restructuring event recording job loss in the Database for Dell was in 2009. The company announced a restructuring in Ireland which involved the offshoring of manufacturing from Limerick to Poland (Dell-2022-IE). In this case, the Irish authorities applied for aid from the European Globalisation Adjustment Fund (EGF).
Eurofound (2023), Dell, Internal restructuring in World, factsheet number 108356, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108356.
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