Dell on Monday announced plans to lay off more than 6650 employees, or about 5% of its workforce.
[PayPal](/quotes/PYPL/) on Tuesday announced plans to cut [2,000 jobs](https://www.cnbc.com/2023/01/31/paypal-to-lay-off-2000-employees-in-coming-weeks-about-7percent-of-workforce.html). An earlier version misstated the day. An earlier version misstated the month. He said the moves Dell had already implemented, like limiting travel, pausing external hiring and reducing outside services spending, were no longer sufficient. [28% year over year](https://www.idc.com/getdoc.jsp?containerId=prUS50031623) in the fourth quarter of 2022, according to industry analysts at IDC. In January, [12,000 workers](https://www.cnbc.com/2023/01/20/google-parent-to-lay-off-12000-workers-memo.html), [Microsoft](https://www.cnbc.com/quotes/MSFT/) disclosed plans to cut [10,000 employees](https://www.cnbc.com/2023/01/18/microsoft-is-laying-off-10000-employees.html) and [Salesforce](https://www.cnbc.com/quotes/CRM/) announced plans to [lay off 7,000 workers](https://www.cnbc.com/2023/01/04/salesforce-is-cutting-10percent-of-its-workforce-more-than-7000-employees.html).
The layoffs also add to the thousands of cuts in the tech industry whose outlook has been shaken by a drop in spending by consumers and businesses due to ...
We’ll prevail as we always do, for our customers, partners and each other,” said Mr Clarke. Dell generates about 55% of its revenue from PCs. Layoffs have hammered the tech sector in recent months, including many of Dell’s peers and competitors.
Dell Technologies has become the latest multinational technology firm with a strong presence in Ireland to announce it will cut jobs.
We have a very strong economy at the moment and a very strong tech sector. Only about one-third of the company employees are US-based, according to a March 2022 filing. Among the other tech sector firms to announce layoffs in recent months are several of Dell’s peers and competitors. “Unlike many other countries across the European Union and across the world, in the context of the headwinds that we faced last year around increased costs, dramatic disruptions to supply chains and so on, Irish companies and multinationals here in Ireland have performed remarkably strongly. The company confirmed the news in a regulatory filing early on Monday. In it, he said the company had already implemented a pause on external hiring, limited travel and reduced its spend on outside services but that the measures “are no longer enough.
Dell Technologies, one of Ireland's biggest private sector employers, has said it plans to lay off about 5pc of its global workforce as it struggles with a ...
This is part of our regular course of business.” In recent weeks Microsoft has announced that it would cut 5pc of its total workforce – a figure that equates to 10,000 posts, Google has said it would lay off 12,000 people, which is around 6pc of the company’s global workforce, Salesforce is aiming to let go around 200 people in Ireland as part of its decision to lay off around 10pc of all staff and Hubspot, which has a large Dublin office, announced that it would be cutting 500 jobs from its global workforce. It will mean about 6,500 job losses worldwide.
The painful job cuts Dell Technologies announced Monday come with a reorganization that will change how its sales teams operate around the globe, ...
“Our partners play a critical role in delivering for customers, and our global channel sales structure and strategy, alongside strong regional execution, is designed to bolster our mutual growth.” Other changes include new leadership in the channel organization with Diego Majdalani now responsible for global sales execution through the channel. “I’m excited to drive further scale and growth with our channel partners globally. On Monday, Dell Technologies reacted to softening demand in PC sales by announcing a 5 percent cut to its global workforce of 133,000, or about 6,650 jobs total. “We will continue our focus on growing faster than the market to accelerate our customers’ digital transformation journeys.” Among the moves is John Byrne, who will now assume global responsibility for all regional and Dell Technologies select sales.
Dell Technologies is to cut 6650 jobs, or about 5% of its global workforce, amid falling demand for its personal computers.
"This is part of our regular course of business," the company added. Previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough, Mr Clarke said in the memo. Dell Technologies has been operating in Ireland for over 30 years with bases in Dublin, Limerick and Cork.