Dell will eliminate roughly 6,650 positions

According to a story from Bloomberg News that was published on Monday, February 6, Dell Technologies Inc. will lay off around 6,650 workers, which accounts for approximately 5% of the company’s total workforce worldwide.

The market circumstances that the firm is operating in “continue to degrade with an unknown future,” co-Chief Operating Officer Jeff Clarke said in a note to staff, according to the article. The document was distributed to employees.

According to what Clarke stated in the message, the prior cost-cutting efforts, which included a halt on recruiting and limitations on travel, are no longer sufficient.

According to Bloomberg News, a representative for the corporation stated that the departmental reorganizations and employment losses present a chance to enhance efficiency.

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A request for comment sent by Reuters to Dell was not immediately met with a response.

Companies as diverse as Microsoft Corporation, Amazon.com, Inc., and Goldman Sachs Group, Inc. have recently eliminated thousands of jobs in order to better weather a demand downturn brought on by decreased spending by consumers and corporations as a result of rising interest rates and high inflation.

According to a report that was released on Thursday, the number of people who lost their jobs in the United States reached its highest level in more than two years during the month of January. This was caused by the fact that technology companies reduced employment at the second-highest rate on record in preparation for the possibility of a recession.