Dell Technologies Inc. plans to lay off around 6,650 workers which are approx. 5 per cent of its global workforce. According to CNN Business, Jeff Clarke, Dell’s vice chairman, in a letter to employees, said that the steps the company has already taken such as restrictions on employee travel and a pause on external hiring are insufficient. Dell is the latest example of tech companies cutting costs in an uncertain economic climate. The layoffs would be the latest in the US technology sector, where companies including Amazon.com Inc, Microsoft and Meta Platforms Inc have announced retrenchment exercises in response to slowing demand and a worsening global economic outlook.
