Dell to slash over 6,600 jobs, 5% of its workforce, in latest tech layoffs
1 year, 10 months ago

Dell to slash over 6,600 jobs, 5% of its workforce, in latest tech layoffs

Hindustan Times  

Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go. The reductions amount to about 5% of Dell’s global workforce, according to a company spokesperson. The company is experiencing market conditions that “continue to erode with an uncertain future,” Co-Chief Operating Officer Jeff Clarke wrote in a memo viewed by Bloomberg. The tech sector announced 97,171 job cuts in 2022, up 649% compared with the previous year, according to consulting firm Challenger, Gray & Christmas Inc. After the reduction, the headcount for Round Rock, Texas-based Dell will be its lowest in at least six years — about 39,000 fewer employees than in January 2020.

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Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts
1 month, 2 weeks ago

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts

India Today  

As we near the close of 2024, the wave of layoffs in the tech industry shows no sign of slowing down. Following the mass job cuts announced in 2022 and 2023, tech companies have continued to announce additional layoffs throughout this year amid economic pressures, shifting strategies, and the impact of technological advancements like AI. According to Mozilla, the layoffs …

Tech layoffs: Dell says job cuts will continue for cost control and profitability concerns
3 months, 1 week ago

Tech layoffs: Dell says job cuts will continue for cost control and profitability concerns

Hindustan Times  

Dell Technologies Inc. will continue to reduce its workforce this year, trying to control costs amid concerns that demand for PCs hasn’t rebounded and sales of servers optimized for artificial intelligence aren’t as profitable as other products. Dell said a limitation on outside hiring, job reorganizations and other actions will produce “continued reduction in our overall headcount” in the fiscal …

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift
4 months, 2 weeks ago

Tech layoffs: Dell fires 12,500 employees- 10% of global workforce- in AI shift

Hindustan Times  

Dell announced a major reorganisation of its sales division which included layoffs aimed at modernising operations at the computer giant to increase focus on artificial intelligence. Dell informed employees of these changes in an internal memo sharing plans to centralise sales teams and create a new AI-focused sales unit, Business Insider reported. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The company has not …

Big tech job cuts keep coming; Dell latest to trim headcount
1 year, 10 months ago

Big tech job cuts keep coming; Dell latest to trim headcount

Associated Press  

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month. February 2023 Dell: The computer maker reduced its payroll by 5%, or about 6,600 jobs, saying that the steps it’s taken to stay ahead of eroding market conditions are no longer enough. …

Dell to lay off around 6,500 workers; 5% of its global workforce
1 year, 10 months ago

Dell to lay off around 6,500 workers; 5% of its global workforce

India TV News  

Dell Technologies Inc., experiencing falling demand for personal computers, will lay off around 6,650 workers, becoming the latest technology business to announce job cuts. According to a corporate representative, the layoffs amount to around 5% of Dell's global workforce. Dell saw the worst loss among significant corporations, with a 37% drop compared to the same period in 2021. Dell announced …

Microsoft to cut 10,000 jobs as tech layoffs intensify
1 year, 11 months ago

Microsoft to cut 10,000 jobs as tech layoffs intensify

The Hindu  

Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of the third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S. technology sector as companies brace for an economic downturn. The layoffs and costs related to hardware-portfolio and other changes will result in a charge of $1.2 billion in the second …

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