Dell to Slash About 6,650 Jobs in Latest Tech Job Cuts
"The company is experiencing market conditions that continue to erode with an uncertain future," Co-Chief Operating Officer Jeff Clarke.
- Dell to lay off about 6,500 workers globally.
- The layoffs will include 5% of the company's global workforce.
- Dell Technologies slipped to the third position as it lost momentum in the consumer segment.
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New Delhi: Dell Technologies on Monday said that it will lay off about 6,650 workers globally, becoming the latest technology company to do so, the media reported. The cuts will include 5 percent of the company's global workforce, reports Bloomberg, citing sources.
In addition, the company's spokesperson said that the department reorganisations, along with the job reductions, are viewed as an opportunity to drive efficiency, according to the report. Moreover, Dell and other hardware manufacturers have seen a drop in demand following a pandemic-era PC boom. (Also Read: A for Apple B for boAt: Boy Writes Down in Exam Answer Sheet- Check What Happens Next)
In 2022, the Indian traditional PC market declined by 11.7 per cent year-over-year (year-over-year) with a shipment of 3.9 million units in the September quarter after eight consecutive quarters of growth, according to the International Data Corporation (IDC) report.
HP shipped over 9,40,000 units, and Lenovo overtook Dell for the second position with a strong showing in the consumer segment. Dell Technologies slipped to the third position as it lost momentum in the consumer segment.
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