Due to the reduction in the demand for personal computers, Dell will be laying off around 6,650 employees.
About 5% of its global staff is anticipated to be impacted by the job cuts
In a memo, co-chief operating officer Jeff Clarke stated that the company’s prior cost-cutting strategies were no longer sufficient due to the challenging market conditions and uncertain future.
In 2020, following the pandemic, Dell, a Round Rock, Texas-based company, announced comparable layoffs.
According to a company spokesman, the most recent department restructuring and employment cuts provided a chance to increase efficiency.
“We continuously evaluate operations to ensure the right structure is in place to provide the best value and support to partners and customers. This is part of our regular course of business,” a Dell spokesperson told reporters.
A report released on Thursday, February 2, indicated that layoffs in the US reached a more than two-year high in January as the once-reliable technology sector reduced staff at the second-fastest rate ever in order to prepare for a possible downturn.
As consumer and corporate spending declines amid high inflation and rising interest rates in the wake of the epidemic, companies including Google, Amazon, and Meta are now attempting to strike a balance between cost-cutting measures and the need to remain competitive.
The recent job layoffs at Meta, according to CEO Mark Zuckerberg, were “the most difficult changes we’ve made in Meta’s history”, while Twitter lost about half of its personnel in October, when billionaire Elon Musk took control.
Author-Roberta Appiah
