Bloomberg news agency on February 6 said technology company Dell Technologies Inc will cut 6,650 employees, or 5% of its total global workforce.
The wave of job cuts by US technology corporations continues to occur due to the downturn of this industry following consumer demand plummeted during the COVID-19 epidemic.
Bloomberg news agency on February 6 said technology company Dell Technologies Inc will cut 6,650 employees, or 5% of its total global workforce.
Mr. Jeff Clarke, co-CEO of Dell, sent employees a message regarding the company’s difficulties and unpredictable business prospects in the future.
Specifically, he said previous cost-cutting measures, including hiring pauses and travel restrictions to reduce travel costs, were not enough to help the airline reduce operating costs.
Meanwhile, a Dell spokesperson affirmed that restructuring Dell’s operating system and reducing staff is an opportunity to operate the company effectively.
Before Dell, a series of technology giants from Microsoft Corp to Amazon.com Inc and Goldman Sachs Group Inc also cut thousands of jobs to help firms save operating costs amid consumer demand for Dell. With this industry falling, inflation is high and interest rates are rising.
U.S. layoffs hit a more than two-year high in January 2023 as tech companies made job cuts at the second-highest rate on record, according to a report released on February 2. prepare for the risk of the country’s economy falling into recession.