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“Dell to lay off 6,650 workers, or 5% of its workforce”

Dell on Monday announced plans to lay off 5% of its workforce, or about 6,650 employees, according to an SEC filing

The cuts at Dell come as demand for PCs and laptops has slowed globally. Global shipments of PCs were down 28% year over year in the fourth quarter of 2022, according to industry analysts at IDC. Computer shipments at Dell fell 37% for that same period, while competitors Lenovo, HP and Apple

were down 28%, 29% and 2%, respectively. Shares of Dell were down 3% early Monday…”

https://www.cnbc.com/2023/02/06/dell-to-lay-off-6650-workers-or-5percent-of-its-workforce.html

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