The headcount will be the lowest since 2017.
In response to a steep decline in the market for personal computers, Dell Technologies Inc., the latest IT giant to announce thousands of layoffs, will eliminate 6,650 jobs, or nearly 5% of its global workforce.
Dell faces falling demand after the PC boom of the pandemic era.
Preliminary data from IDC, according to an industry analyst, indicates that PC shipment volumes fell significantly in the fourth quarter of 2022, with Dell experiencing the worst decline in demand, down 37% year over year.
The rearrangement of the department and job losses are seen as a chance to increase efficiency, according to Jeff Clark, the co-CEO of operations for the company, who claimed that past cost-cutting initiatives were no longer sufficient.
When it reports its financial results for the fourth quarter on March 2, Dell is anticipated to disclose more details on the financial impact of the job layoffs.