Dell to lay off 6,650 employees after underwhelming PC sales
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.
In a memo viewed by Bloomberg, 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.
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