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|    alt.politics.economics    |    "Its the economy, stupid"    |    345,374 messages    |
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|    Message 343,696 of 345,374    |
|    P. Coonan to All    |
|    Tech Layoffs: Dell to cut more than 6,50    |
|    07 Jun 23 00:25:10    |
      XPost: alt.politics.elections, alt.fan.rush-limbaugh, talk.politics.guns       XPost: alt.society.liberalism       From: nospam@ix.netcom.com              Dell plans to lay off roughly 5% of its workforce, the company said in a       regulatory filing Monday, in the latest example of tech companies cutting       costs in an uncertain economic climate.              Dell has about 133,000 employees, the company told CNN. At that level, the       5% cut would represent more than 6,500 employees.              LAYOFF TRACKER: Mass layoffs by tech companies big and small hit the Bay       Area              The computing giant cited the "challenging global economic environment"       for the cuts. In a letter to employees, Jeff Clarke, Dell's vice chairman,       said steps the company has already taken - such as restrictions on       employee travel and a pause on external hiring - are insufficient.              "What we know is market conditions continue to erode with an uncertain       future," Clarke told employees. "The steps we've taken to stay ahead of       downturn impacts -- which enabled several strong quarters in a row -- are       no longer enough. We now have to make additional decisions to prepare for       the road ahead."              RELATED: Efforts underway to recruit top talent after large-scale tech       layoffs              The move comes as layoffs continue to spread throughout the tech industry.       Amazon, Microsoft, Google and others have each announced plans to cut       thousands of workers as the companies adapt to shifting pandemic demand       and fears of a looming recession.              Dell has also been grappling with reduced demand for personal computers.              Consulting firm Gartner said last month that worldwide PC shipments fell       more than 28% in the fourth quarter of 2022 compared to the same period       the prior year. This marked the largest quarterly shipment decline since       Gartner began tracking the PC market in the mid-90s.              Dell, in particular, saw a 37% decline in PC vendor unit shipments during       the final three months of 2022 compared to the year prior, according to       Gartner.              https://abc7chicago.com/dell-layoffs-tech-jobs-computing/12777625/              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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