Dell to lay off 6,650 workers, or 5% of its workforce
Publishing timestamp: 2023-02-06 16:03:31
Summary
Dell announced plans to lay off 5% of its workforce, or about 6650 employees, due to a decrease in demand for PCs and laptops. Other tech companies such as PayPal, Google, Microsoft and Salesforce have also announced job cuts in the past month. Dell's shares were trading Monday.
Sentiment: NEGATIVE
Tickers: DELL, GOOGL, CRM, AAPL, MSFT, PYPL,
Keywords: internet, paypal holdings inc, media, business news, apple inc, dell technologies inc, technology,
Source: https://www.cnbc.com/2023/02/06/dell-to-lay-off-6650-workers-or-5percent-of-its-workforce.html