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Dell LayOffs: Dell has announced layoffs of approximately 6,650 employees due to a drop in demand for personal computers. The job cuts are expected to affect around 5 per cent of the company’s global workforce. According to a Bloomberg report, Dell’s co-chief operating officer Jeff Clarke has claimed that the company is facing tough market conditions with an uncertain future. The layoffs can be attributed to ongoing challenges in the personal computer industry. We have faced economic downturn before and we have emerged stronger. When the market booms, we will be ready and then do the hiring.
Another company going to lay off 6,000 people
Dell has also now cut jobs, joining the list of IT companies such as Google, Amazon, Meta and Twitter, which have been forced to take similar decisions due to the economic impact of the pandemic. The IT industry, once a reliable source of employment, has been badly hit by the crisis and companies are now grappling with how to balance cost-cutting measures with the need to remain competitive. The PC brand, a rival to HP and Dell, also announced it would lay off around 6,000 employees over the next three years. HP also acknowledged that the decline in demand for PCs was the primary reason for taking this step.
3,400 workers were fired every day in January
The beginning of the month of January has been very bad for the employees of tech companies. Globally, an average of more than 3,400 tech workers were being laid off per day in January. Big tech companies like Microsoft and Google are also included in this list. According to data from layoffs tracking site layoffs.fyi, 219 companies have laid off more than 68,000 employees in January so far. In 2022, more than 1,000 companies laid off 154,336 employees. The massive 2022 layoffs of tech workers continue into the new year. According to the report, in 2023, most business economists have predicted that their companies may cut payrolls in the coming time.
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