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Dell's workforce continues to shrink, mirroring a trend across the AI-disrupted tech industry, Reuters reports. The computer and artificial intelligence server maker reported a 10% reduction in employees to 97,000 for fiscal 2026, equaling a loss of 11,000 jobs. Dell reported a similar decline in fiscal 2025. The latest cuts come as Silicon Valley attempts to justify its investments in AI, with 60 tech companies laying off more than 38,000 employees this year by one measure. Dell's stock is up 22% this year.
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