News > Dell becomes latest tech giant to do layoffs, fires 6,000 employees

Dell becomes latest tech giant to do layoffs, fires 6,000 employees

Dell Technologies said that it had reduced its workforce as part of a larger cost-cutting initiative that also included restricting external hiring and employee reorganisations. Dell announced layoffs in response to an 11% decline in revenue from its fourth-quarter earnings, which was partially caused by the weak demand for its personal computers for almost two years. Dell anticipates stronger demand and a more competitive pricing environment in FY 2025.