Dell Technologies has announced yet another round of layoffs earlier this week, which has resulted in the termination of approximately 6,000 employees. This move adds to the tech giant’s significant reduction in headcount, which amounted to 13,000 employees over the last fiscal year, surpassing the initially projected numbers.
The layoffs are part of Dell’s broader cost-cutting initiative, which includes measures such as limiting external hiring and implementing employee reorganizations and team restructuring. This decision comes in response to a period of sluggish demand for personal computers, which led to an 11 per cent drop in revenue in the fourth quarter of the previous year.
Tech Layoffs 2024: Dell fires 6000 employees, has laid of 13000 employees in a year – Firstpost