Due to declining demand for personal computers, Dell will lay off around 6,650 employees.
The layoffs are projected to affect around 5 percent of the company’s global workforce.
Co-chief operational officer Jeff Clarke stated in a note that the company faced challenging market conditions and an unclear future. And its prior cost-cutting measures were inadequate.
Dell, headquartered in Round Rock, Texas, planned similar layoffs in 2020, following the outbreak of the pandemic.
A firm spokesperson stated that the most recent departmental reorganizations and layoffs presented an opportunity to boost productivity.
“We assess operations to provide the best service and value to partners and customers.
A Dell representative stated, “This is run for the course of our business.”
The rate of layoffs in the United States reached a more than two-year high in January, as the once-reliable technology sector eliminated positions at the second-fastest rate on record in preparation for a probable recession, according to a report released on Thursday.
After the epidemic, companies including as Google, Amazon, and Meta are attempting to strike a balance between cost-cutting measures. And the need to remain competitive, as a consumer and corporate expenditures decline due to high inflation and rising interest rates.
Mark Zuckerberg, chief executive officer of Facebook, referred to recent layoffs as “the most difficult adjustments we’ve undertaken in Meta’s history,” while Elon Musk, a multibillionaire who assumed control of Twitter in October, laid off over half of the company’s employees.
