Dell layoffs 2023

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.

Tech layoffs: Dell Technologies Inc became the latest tech company to announce layoffs. It has said that it is planning to eliminate about 6650 jobs which ...

Google also laid off 12,000 employees in January and Amazon decided to lay off 18,00 employees instead of the previous estimates of 10,000. Tech layoffs: Dell Technologies Inc became the latest tech company to announce layoffs. The tech sector which was once considered the most reliable source of employment has now been stuck in troubled waters.

Dell plans to lay off roughly 5% of its workforce, the company said in a regulatory filing Monday, in the latest example of tech companies cutting costs in ...

This marked the largest quarterly shipment decline since Gartner began tracking the PC market in the mid-90s. The move comes as layoffs continue to spread throughout the tech industry. We now have to make additional decisions to prepare for the road ahead.”

Round Rock-based tech giant Dell Technologies said Monday that it will lay off 6,650 workers, or about 5% of its global workforce, as the company prepares ...

Kay said the PC industry at large has been dealing with a series of shocks in recent years, making it hard to predict the seasonality of sales. If it continues to be grim, they probably will trim more because they really look at the company as a financial problem," Kay said. If they look at their projections and they see the revenue is not coming in, they'll just align the costs immediately to keep the ship right." "This is the latest brick to fall, but it's not a big surprise," Kay said. "They'll help us focus on purpose-driven work and to be in the best position to make the greatest difference for customers, Dell Technologies and each other." A January report by International Data Corp., an industry research firm, showed in the fourth quarter that global shipments of PCs were down 28.1% from the previous year. The skill is to keep Wall Street happy short term, not cut investments for future growth." This is especially important as economic uncertainty has continued," the company said. But demand for such products has probably slowed ahead of a potential recession. "Dell runs a very tight ship, so the company must see some very uncertain waters ahead," Moorhead said. If the 5% figure were applied to the local workforce, that would equate to about 650 Central Texas workers. The company has said it has about 13,000 employees in the Austin metro area.