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Dell to lay off 6,650 employees after underwhelming PC sales

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Dell announced in a regulatory filing Monday that it is cutting the jobs of 6,650 employees. The news comes after PC sales for the Texas-based computer maker saw a massive drop at the end of 2022.
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Dell announced in a regulatory filing (opens in new tab) Monday that it is cutting the jobs of 6,650 employees. The news comes after PC sales for the Texas-based computer maker saw a massive drop at the end of 2022. 
In a memo viewed by Bloomberg (opens in new tab), co-chief operating officer Jeff Clarke said that market conditions “continue to erode with an uncertain future.” IDC, an industry analyst, told Bloomberg that Dell saw a 37% decline in PCs shipped from Q4 2021 to Q4 2022. Over half of the company’s revenue comes from PC sales. 
According to Bloomberg, the 5% reduction in the workforce leaves the company with its lowest headcount in six years.

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