Dell Technologies Inc, a multinational technology company, announced on February 6th, 2023 that it will be reducing its workforce by 5% globally. This amounts to a total of approximately 6,650 job cuts.
The latest tech company to announce layoffs, Dell, has become a part of the trend. In a memo seen by Bloomberg, Co-Chief Operating Officer Jeff Clarke stated that the company is facing market conditions that “continue to erode with an uncertain future.”
In his note to employees, Clarke wrote, “We’ve navigated economic downturns before and we’ve emerged stronger. We will be ready when the market rebounds.” This statement comes after Dell announced a similar layoff in 2020 due to the impact of the Covid pandemic.