New Delhi :
Dell Technologies is reportedly set to terminate around 6,650 employees, which is equivalent to 5% of its total workforce, following a decline in sales for its personal computers (PC).
According to a Bloomberg report, Dell is facing market conditions that are “continuing to erode with an uncertain future,”
which prompted Co-Chief Operating Officer Jeff Clarke to announce the layoffs in an internal memo to employees.
The report suggests that the layoffs will affect about 5% of the workforce globally.
Dell’s competitor, HP, also announced layoffs in November 2022, with approximately 6,000 workers to be let go.
Dell and several other tech companies experienced a significant drop in demand for personal computers (PC) following a surge during the COVID-19 pandemic.
According to industry analyst IDC, Dell had the largest decline among major companies, with a drop of approximately 37% compared to the same period in 2021.
Additionally, Dell generates 55% of its revenue from the sale of PCs.
2023 has seen a wave of layoffs across major tech companies.
Microsoft recently laid off 10,000 employees, while Amazon and Google also cut jobs, with 18,000 and 12,000 employees respectively being let go.
