Computer manufacturer Dell has become the next tech company to make a dramatic reduction in its overall headcount, following large-scale lay-offs from Microsoft, Twitter, Spotify and Amazon already this year.
Around 6,650 jobs are set to be eliminated, affecting 5% of Dell’s global workforce, according to a report by Bloomberg News.
Chief Operating Officer Jeff Clarke was quoted as saying that market conditions “continue to erode with an uncertain future,” in a memo to employees regarding the planned restructure.
The move has, in part, been driven by the falling demand for personal computers. Dell reported a 6% decrease in sales for the quarter ending October 28, 2022, and failed to meet revenue expectations.
More details about the job cuts and its impact will be released in its fourth quarter fiscal results on March 2.