Latest

Tech layoffs: Dell to lay off 6,650 employees as PC demand drops

This news of job cuts at Dell adds to the growing list of technology companies that have been forced to make similar decisions due to the economic impact of the pandemic.

Dell has announced its plan to lay off approximately 6,650 employees due to the decline in the demand for personal computers. The job cuts are expected to affect roughly 5 percent of the company’s global workforce.

According to a report by Bloomberg, Dell’s Co-Chief Operating Officer, Jeff Clarke claimed that the company is facing tough market conditions with an uncertain future. The layoffs can be attributed to the ongoing challenges in the personal computer industry.

In the employee memo, Clarke said, “We’ve navigated economic downturns before and we’ve emerged stronger. We will be ready when the market rebounds.”

This news of job cuts at Dell adds to the growing list of technology companies like Google, Amazon, Meta, and Twitter, that have been forced to make similar decisions due to the economic impact of the pandemic. The technology industry, once a reliable source of employment, has been hit hard by the crisis, and companies are now grappling with how to balance cost-cutting measures with the need to remain competitive.

Search giant Google laid off 12,000 employees in the month of January and Amazon decided to lay off 18,000 employees instead of the previous estimates of 10,000. The tech industry has witnessed over 1,50,000 job terminations in a span of a few months. The layoffs are hurting migrants even more as popular pathways like H1B visas in the US need an employer to stay relevant. The fired employees get a grace period of 60 days to either apply via another employer or leave the country. 

Related Posts

GetYourGuide Review: Your Go-To Resource for Seamless Travel Planning and Booking

In the digital age, travel planning and booking have become easier than ever before, thanks to online platforms and travel agencies. Among these platforms, GetYourGuide has emerged as…

AliExpress: Your Ultimate Online Shopping Destination for Unbeatable Deals and Variety!

In today’s fast-paced world, online shopping has become an integral part of our lives. With numerous online marketplaces available, it can be overwhelming to choose the right platform…

Unleashing the Power of ManyChat: A Comprehensive Review

In today’s digital age, businesses are constantly seeking innovative ways to engage with their customers and streamline their operations. One such solution that has gained significant popularity is…

Kohl’s.com: Your Ultimate Fashion Destination with Trendy Styles and Affordable Prices

In the ever-evolving world of online shopping, finding a reliable fashion destination that offers trendy styles and affordable prices can be a challenge. However, look no further than…

Booking.com’s Top Destinations for Summer 2023: Where to Go and What to Do

Summer is just around the corner, and it’s time to start planning your next vacation. If you’re wondering where to go and what to do, look no further…

Can Adidas Bring Back The Magic With The New Boston 12 and Adios 8 Running Shoes?

It was not so long ago that the Adidas Adizero Adios and Boston shoes were among the best running shoes available, and the most exciting too. They were racing shoes…

Leave a Reply

Your email address will not be published. Required fields are marked *