6650 Employees Worldwide To Be Laid Off By Dell
Texas, 6th February 2023: Due to the decline in demand for its personal computers, Dell Technologies Inc. will cut 6,650 positions, or approximately 5% of its global workforce, according to a report from Bloomberg News.
According to a memo to staffers from Jeff Clarke, co-Chief Operating Officer, the market circumstances for the company continue to degrade with an uncertain future.
The prior cost-cutting efforts, such as a halt on employment and travel restrictions, are insufficient, according to Clarke in the message.
A corporate representative told Bloomberg News that the company views the cutoffs as a potential to increase efficiency with the departmental restructuring and employment reduction.
Microsoft Corp., Amazon.com Inc., and Goldman Sachs Group Inc. are just a few of the companies that have lately cut thousands of positions to help consumers and businesses weather a decline in demand brought on by high inflation and rising interest rates.
According to a survey released on Thursday, layoffs in the US reached a more than two-year high in January as technology companies shed staff at the second-fastest rate ever as they prepare for a potential downturn.
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