Dell confirms layoffs, which are much smaller than you’ve heard

Tuesday, 4 Feb 2014 | 11:28 AM ET
Michael Dell
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Michael Dell

Fresh off a $25 billion buyout to take the company private, the computing giant Dell yesterday disputed reports that it is close to a massive layoff in what was described in at least one report as an "imminent bloodbath."

Reports put the number of expected job losses as high as 15,000. Sources familiar with the company's plans tell Re/code the real number is closer to "a couple thousand." Of course, now that it's private, Dell doesn't have to say much about its plans publicly. The loss of 2,000 or 3,000 jobs would amount to about two percent of Dell's worldwide workforce of nearly 109,000.

Click here to read the whole story.

By Arik Hesseldahl, recode.net.

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.

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