Dell will reportedly lay off 12,500 employees this week, bringing the total to 24,500 in 15 months

Dell XPS 15.

What you need to know

• Dell will reportedly lay off 12,500 employees this week.
• The move is being made to make the tech giant "leaner," according to a memo sent to Dell employees.
• If the estimated job cut figure is accurate, it would mean Dell has cut 24,500 jobs in the past 15 months.