Dell Tech Company To Conduct Layoffs While PC Sells Decline

The tech company announced it will be terminating nearly 6,650 jobs or around 5% of its global workforce.

Dell Technologies Incorporated is adding to the growing list of U.S. corporations that are conducting layoffs.

The tech company announced it will be terminating nearly 6,650 jobs or around 5% of its global workforce.

The terminations come amid a declining demand for personal computers. A study found that sales of personal computers dropped significantly in the fourth quarter of last year. The company saw its largest decline with 37% compared to the corresponding period a year ago.

Personal computers generate nearly 55% of Dell’s revenue.

Dell’s Co-Chief Operating Officer, Jeff Clarke, sent a memo to employees that said the company is experiencing market conditions that “continue to erode with an uncertain future.”

As a result of the reduction, Dell’s headcount will be at its lowest in at least six years.