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Dell Technologies reduces workforce as part of cost-cutting measures due to PC demand decline and revenue drop.
Dell Technologies has reduced its workforce as part of broader cost-cutting measures, including limiting external hiring and employee reorganizations.
As of February 2, 2024, the company had nearly 120,000 employees, down from approximately 126,000 a year earlier.
The layoffs follow a decline in demand for personal computers and an 11% drop in revenue in the fourth quarter.
Despite near-term challenges, Dell expects demand to improve, pricing to become more competitive in FY 2025, and input costs to rise.
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Dell Technologies reduce la fuerza laboral como parte de las medidas de reducción de costos debido a la disminución de la demanda de PC y la caída de los ingresos.