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Dell Announces Layoffs of Approximately 6,650 Employees, Accounting for 5% of Its Workforce, Due to Declining Sales in the Computing Market and Recession Fears in the U.S.

Written by Bruno Teles

Published on 06/02/2023 at 18:19

Economy

Dell (Foto/divulgação)

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The Company Had Already Implemented Cost-Cutting Measures, Such as A Hiring Freeze and Travel Limits, Trying to Deal With The Post-Pandemic Collapse in Computer Sales.

However, All These Changes “Were Not Enough,” According to Jeff Clarker, Co-CEO, In One Of The Memos To Employees.

IBM Announces It Will Lay Off Nearly 4,000 Employees

“What We Know Is That Market Conditions Continue To Deteriorate In An Uncertain Future,” Said Clarke. Dell Expects To Account For The Costs Related To The Layoffs In The Fourth Fiscal Quarter Ending In January.

“It Was Just A Matter Of Time Before The Wave Of Layoffs In The Technology Sector Reached Dell, Given The Company’s Sensitivity To Consumer And Corporate Market Confidence,” Says Hargreaves Lansdown Analyst, Susannah Streeter.

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Bruno Teles

I cover technology, innovation, oil and gas, and provide daily updates on opportunities in the Brazilian market. I have published over 7,000 articles on the websites CPG, Naval Porto Estaleiro, Mineração Brasil, and Obras Construção Civil. For topic suggestions, please contact me at brunotelesredator@gmail.com.

Dell Announces Layoffs of Approximately 6,650 Employees, Accounting for 5% of Its Workforce, Due to Declining Sales in the Computing Market and Recession Fears in the U.S.

The Company Had Already Implemented Cost-Cutting Measures, Such as A Hiring Freeze and Travel Limits, Trying to Deal With The Post-Pandemic Collapse in Computer Sales.

IBM Announces It Will Lay Off Nearly 4,000 Employees

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

China outpaces Elon Musk with Unitree humanoid robot available on AliExpress for $6,800, with free shipping and international delivery, turning billionaire technology into something anyone can buy online.

Lula says that the Brazilian naval industry will “thrash” China and Korea, while the government announces billions for barges, pushers, and a new hydro terminal in the Amazon.

Far from football, São Paulo idol and former national team player becomes a wine producer in Italy, transforms the nickname “Prophet” into his own brand, and now runs a winery, restaurant, and hotel in Piedmont.

Train of up to 111 tons leaves China for Brazil, crosses almost 20,000 km in up to 70 days by ship, and arrives in São Paulo in such a tight operation that a truck even had to deflate its tires to pass under a viaduct.

Dell Announces Layoffs of Approximately 6,650 Employees, Accounting for 5% of Its Workforce, Due to Declining Sales in the Computing Market and Recession Fears in the U.S.

The Company Had Already Implemented Cost-Cutting Measures, Such as A Hiring Freeze and Travel Limits, Trying to Deal With The Post-Pandemic Collapse in Computer Sales.

IBM Announces It Will Lay Off Nearly 4,000 Employees

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Lula says that the Brazilian naval industry will “thrash” China and Korea, while the government announces billions for barges, pushers, and a new hydro terminal in the Amazon.

After nearly three decades and more than 1 million cars produced, Toyota will close the historic Indaiatuba plant on June 30 and concentrate Corolla production in Sorocaba, as part of an R$ 11 billion plan that heavily invests in flex hybrids and even an unprecedented pickup.

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Brazil, Norway, and the Netherlands aim to create the first green maritime corridor in the Atlantic, after routes emitted 4.7 million tons of CO₂e, and seek to transform ports, fuels, and trade between South America and Europe into a new global logistics race.

China outpaces Elon Musk with Unitree humanoid robot available on AliExpress for $6,800, with free shipping and international delivery, turning billionaire technology into something anyone can buy online.

Lula says that the Brazilian naval industry will “thrash” China and Korea, while the government announces billions for barges, pushers, and a new hydro terminal in the Amazon.

Far from football, São Paulo idol and former national team player becomes a wine producer in Italy, transforms the nickname “Prophet” into his own brand, and now runs a winery, restaurant, and hotel in Piedmont.

Train of up to 111 tons leaves China for Brazil, crosses almost 20,000 km in up to 70 days by ship, and arrives in São Paulo in such a tight operation that a truck even had to deflate its tires to pass under a viaduct.