Tech Layoffs: Dell Cuts Over 6,000 Jobs Amid Chilled PC, Laptop Market
Dell, the landmark computer manufacturing company, will be cutting 6,650 employees, or 5% of its global workforce, according to an SEC filing.
The move is the latest example of tech companies making cuts to maneuver their way through an uncertain economic climate. Industry analysts at IDC reported global shipments of PCs down 28% year-over-year in the fourth quarter of 2022, a prevailing indicator of the weakening demand for laptops and PCs.
Computer shipments at Dell were down 37% for that same period, while competitors Lenovo, HP, and Apple were down 28%, 29%, and 2%, respectively.