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Dell Slashes 6,650 Jobs As Bloodbath Continues

Dell has joined the laundry list of giant tech companies that are making mass staff culls, with the computer maker announcing it will cut 5 per cent of its global workforce.

The cuts amount to roughly 6,650 jobs, and follows earlier cost-cutting moves such as cutting travel costs and pausing hiring.

“What we know is market conditions continue to erode with an uncertain future,” said Dell’s co-chief operating officer, Jeff Clarke.

“The steps we’ve taken to stay ahead of downturn impacts are no longer enough.

“We now have to make additional decisions to prepare for the road ahead.”

Global PC shipments fell by more than 16 per cent in 2022, and are tipped to fall again by a similar margin.

“The anticipation of a global recession, increased inflation and higher interest rates have had a major impact on PC demand,” said Mikako Kitagawa, Director Analyst at Gartner.

Dell currently has 133,000 employees, with a third of these stationed in the US. These cuts will bring headcount down to the lowest since 2017.

Dell shares dropped 3 per cent in after hours trading.

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