Categories: Economy

Dell joins the wave of layoffs

Computer maker Dell to lay off about 6,650 jobs

It has been reported that US-based PC maker Dell will join the wave of layoffs at technology companies, laying off approximately 6,650 people due to the weak PC market.

In a note to company employees, Dell CEO Jeff Clarke stated that Dell faces market conditions that continue to erode and have an uncertain future.

Clarke said cost-saving measures such as hiring breaks and travel restrictions are no longer enough.

It was claimed that Dell aims to lay off approximately 6,650 people, or about 5 percent of its global workforce.

After high demand from the Covid-19 outbreak, consumers have significantly reduced their demand for tech hardware like smartphones and laptops, with inflation high and an uncertain economic outlook.

According to the report by research firm IDC, Dell sold 37 percent fewer PCs in the last quarter of last year compared to the same period in 2021.

WAVE OF FIRMWARE IN TECHNOLOGY COMPANIES

US tech companies are experiencing a wave of layoffs after significantly increasing their staff in the epidemic in recent months.

While rising inflation and a potential recession are causing concerns in the tech industry, many tech companies, especially in the US, began deciding to lay off thousands of people or cut new hires last year. Among these companies, the presence of leading companies in the technology sector such as Meta and Amazon also stands out.

Finally, one of the US tech giants, Microsoft, announced that it would lay off 10,000 employees, and Alphabet, the parent company of Google, announced that it would lay off 12,000 employees.

Dell’s rivals HP announced 6,000 and IBM would lay off about 3,900 of its employees.

According to data from the site Layoffs.fyi, which tracks layoffs in the technology sector, technology companies have laid off 292 companies and 88,138 employees since the beginning of the year. (AA)

US CEO inflation Google meta Microsoft Technology

Source: Sozcu

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