Dell Technologies plans to slash its global workforce by 6,650 jobs which represents five per cent of its entire employee base.
For those who came in late, Big Tech has been making the short-term decision to improve their bottom lines by laying off staff as recession looms. This gives them the excellent opportunity to complain about not having skilled, loyal staff in two years or have their bottom lines handed to them by more agile companies staffed by the people they laid off.
In January SAP, IBM, Microsoft, Sophos, Amazon and Salesforce revealed that significant cuts were on the horizon, blaming the “economic downturn” with managers trotting out cliches like “economic headwinds.”
Dell blamed the slump of the global PC market for its cost-cutting measures, which will result in its lowest headcount since 2017.
Worldwide PC shipments totalled 65.3 million units in Q42022, a 28.5 per cent drop from the fourth quarter of 2021, said analyst firm Gartner.
This marks the largest quarterly shipment decline since Gartner began tracking the PC market in the mid-1990s. For the year, PC shipments reached 286.2 million units in 2022, a 16.2 per cent decline from 2021.
