Tech giant Dell is laying off 6,650 workers—5% of its workforce—Bloomberg reported Monday, becoming the latest U.S. company to implement job cuts as recession fears continue into 2023.
Texas-headquartered Dell Technologies, which owns PC-maker Dell, reportedly cited “uncertain” market conditions in their decision to move beyond earlier cost-cutting measures, while analysts noted a crash in demand for personal computer products—which makes up the majority of Dell’s sales—after a pandemic high.
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