Dell

Senior roles in sales including a vice president in acquisitions and, and data center sales were among the first that Dell cut in the thousands of jobs lost ...

“I hate to say it, but after 4 years at Dell Technologies I’ve been laid off with 5 percent of the workforce,” she wrote to her followers on LinkedIn. “Dell gave me the opportunity to be challenged and to grow while being myself and to be able to create the life that I never would have imagined was even possible when I was that young kid just trying to make it,” he said. “Today I got the call that no one wants to receive. “Unfortunately, with changes like this, some members of our team will be leaving the company,” Clarke said. Securities and Exchange Commision entitled “Preparing The Road Ahead.” Deegan was a regional director with Dell EMC for 19 years prior to that.

Dell on Monday announced plans to lay off more than 6650 employees, or about 5% of its workforce.

[PayPal](/quotes/PYPL/) on Tuesday announced plans to cut [2,000 jobs](https://www.cnbc.com/2023/01/31/paypal-to-lay-off-2000-employees-in-coming-weeks-about-7percent-of-workforce.html). An earlier version misstated the day. An earlier version misstated the month. He said the moves Dell had already implemented, like limiting travel, pausing external hiring and reducing outside services spending, were no longer sufficient. [28% year over year](https://www.idc.com/getdoc.jsp?containerId=prUS50031623) in the fourth quarter of 2022, according to industry analysts at IDC. In January, [12,000 workers](https://www.cnbc.com/2023/01/20/google-parent-to-lay-off-12000-workers-memo.html), [Microsoft](https://www.cnbc.com/quotes/MSFT/) disclosed plans to cut [10,000 employees](https://www.cnbc.com/2023/01/18/microsoft-is-laying-off-10000-employees.html) and [Salesforce](https://www.cnbc.com/quotes/CRM/) announced plans to [lay off 7,000 workers](https://www.cnbc.com/2023/01/04/salesforce-is-cutting-10percent-of-its-workforce-more-than-7000-employees.html).

US-based PC maker makes move in order to reduce costs as 'market conditions continue to erode'

We now have to make additional decisions to prepare for the road ahead.” With interest rates hurtling upwards and more firms becoming cautious, there has been a double whammy effect on PC sales.” “The steps we’ve taken to stay ahead of downturn impacts …

As of January 2022, Dell said it had 133,000 employees. At that level, the 5% cut would represent more than 6,500 employees. The computing giant cited the “ ...

This marked the largest quarterly shipment decline since Gartner began tracking the PC market in the mid-90s. The move comes as layoffs continue to spread throughout the tech industry. We now have to make additional decisions to prepare for the road ahead.” “What we know is market conditions continue to erode with an uncertain future,” Clarke told employees. At that level, the 5% cut would represent more than 6,500 employees. [said](https://www.gartner.com/en/newsroom/press-releases/2023-01-11-gartner-says-worldwide-pc-shipments-declined-28-percent-in-fourth-quarter-of-2022-and-16-percent-for-the-year)last month that worldwide PC shipments fell more than 28% in the fourth quarter of 2022 compared to the same period the prior year.

Dell layoffs of 6650 employees comes as PC sales drop, with changes ahead in storge, server and client as Dell Technologies Jeff Clarke, not Michael Dell, ...

[IT layoffs](https://www.crn.com/news/cloud/tech-company-layoffs-in-2023). 28, 2022, Dell reported consumer [PC sales](https://www.crn.com/news/computing/dell-technologies-6-takeaways-from-q3-earnings) plummeted nearly 30 percent year over year. [Dell employees](https://www.crn.com/news/cloud/dell-acquires-cloudify-to-build-cloud-orchestration-capabilities) titled “Preparing for the road ahead,” Clarke said Dell has been making major changes inside the company as growth declines rapidly in its bread-and-butter PC business. However, research firm IDC reported a 37 percent decline in Dell’s shipments in fourth-quarter 2022. There are still many questions that remain regarding Dell’s massive layoff round such as where will the layoffs occur inside Dell? “We now have to make additional decisions to prepare for the road ahead.”

Dell Technologies Inc. disclosed in a regulatory filing today that it plans to let go about 5% of its workforce, or about 6,650 employees.

[experienced](https://siliconangle.com/2022/11/22/hp-cut-10-staff-wake-pc-market-slowdown/) a 21% year-over-year sales decline in the quarter ended Oct. Shortly after it reported quarterly earnings in November, the company [announced](https://siliconangle.com/2022/11/22/hp-cut-10-staff-wake-pc-market-slowdown/) plans to lay off 4,000 to 6,000 employees over three years in a bid to reduce costs by up to $1.4 billion annually. [estimates](https://siliconangle.com/2022/10/10/idc-personal-computer-shipments-declined-15-third-quarter/) that worldwide computer shipments declined 15% year-over-year in the third quarter. research [indicates](https://siliconangle.com/2023/01/11/global-pc-shipments-suffer-worst-ever-quarterly-decline/), the PC market experienced an even steeper 28% decline in demand, the biggest drop on record. [generated](https://siliconangle.com/2022/11/21/dell-delivers-record-quarterly-profit-improved-supply-chain-conditions-stock-falls-weak-forecast/) during its third quarter ended Oct. Show your support for our mission by joining our Cube Club and Cube Event Community of experts. We’ll be more competitive, more focused and find a new level of operational performance. is also affected by the decrease in PC purchases. The division’s revenue was hurt by a decrease in worldwide PC demand that has also affected Dell competitors. Clarke detailed that ISG will shift engineering resources to the “priority offerings that will best serve our customers’ and partners’ needs.” Dell will reorganize the business units responsible for delivering technical support to customers. DT Select, a sales division focused on Dell’s largest enterprise customers, was

Dell Technologies has become the latest tech company to announce job cuts as part of a restructuring process across the organisation. The company plans to ...

[Intel has also been impacted](https://www.siliconrepublic.com/business/intel-earnings-revenue-pc-sales-cost-cutting) by the slump in PC sales, with plans to “right-size the organisation” as part of a cost-cutting strategy. [PayPal revealed plans to cut 2,000 jobs](https://www.siliconrepublic.com/business/paypal-job-cuts-layoffs), roughly 7pc of its global workforce, due to the “challenging macro-environment”. “Unfortunately, with changes like this, some members of our team will be leaving the company,” Clarke said. “There is no tougher decision, but one we had to make for our long-term health and success. [Microsoft](https://www.siliconrepublic.com/business/microsoft-job-cuts-confirmed-satya-nadella-layoffs), [Alphabet](https://www.siliconrepublic.com/business/google-cut-jobs-alphabet-sundar-pichai-memo), [SAP](https://www.siliconrepublic.com/business/sap-job-cuts-layoffs-earnings-qualtrics-stake-cloud), [IBM](https://www.siliconrepublic.com/business/ibm-job-cuts-layoffs-earnings-revenue), [Spotify](https://www.siliconrepublic.com/business/spotify-jobs-cut-layoffs), [Amazon](https://www.siliconrepublic.com/business/amazon-job-cuts-layoffs) and [Salesforce](https://www.siliconrepublic.com/business/salesforce-cut-staff-worldwide) all confirmed plans to reduce their staff numbers. The cuts come amid a global slump in PC sales.

Dell plans to cut 6,650 jobs, or around five percent of its global workforce. The job losses come as tech companies lay off tens of thousands of employees, ...

Its Infrastructure Support Group and Commercial Group will see support and product teams more tightly integrated, while the server and storage support group will see teams shift and resources moved to just focus on priority projects. The company is revamping its sales organization to align regional sales and Dell Technologies Select teams toward worldwide partner relationships. In its last earnings call at the end of November, Dell reported "softening unit demand in servers somewhat offset by higher average selling prices given richer configurations driven by customers running more complex workloads," according to company CFO Tom Sweet.

Dell laying off 5% of its workforce equates to approximately 6650 of its 133000 employees getting the axe.

Overall in 2022, PC shipments slid by 16.5% (IDC), 16.2% (Gartner) and 19% (Canalys). Dell is the third-largest global PC vendor after Lenovo and HP ( In Q3 2022, Dell’s net revenue declined by 6% from $26.42 billion to $24.72 billion year-over-year (YoY). After the extraordinary growth period between 2020 and 2021 due to the pandemic, the market has clearly begun a downward trend which will continue until the beginning of 2024.” In an internal memo to employees shared publicly, Dell COO and Vice Chairman Jeff Clark outlined the changes employees can expect, including restructuring the Regional Sales and Dell Technologies Select (DTS) teams. Interestingly, while Dell’s CSG division performance has been dwindling, ISG has fared well. As the numbers indicate, Dell is on a downward trajectory. The steps we’ve taken to stay ahead of downturn impacts — which enabled several strong quarters in a row — are no longer enough. Let us take a closer look at Dell’s quarterly numbers in 2022. The latter will also see a shift in engineering investments. In an SEC filing, the company said it is reorganizing and taking actions to “align its investments more closely with its previously discussed strategic and customer priorities.” [Q1 2022](https://investors.delltechnologies.com/static-files/800b8128-de04-439f-8158-7878ea0ade49) [Q2 2022](https://investors.delltechnologies.com/static-files/749781a5-4e13-4cd5-b5d3-5524ba56d37b)

Dell Technologies Inc. plans to lay off around 6650 workers which are approx. 5 per cent of its global workforce. According to CNN Business, Jeff Clarke, ...

The council that runs the Hedera public ledger now has up to 39 members, each of which run a node on the network.

[ Consensus 2023](https://consensus.coindesk.com/), CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. CoinDesk is an independent operating subsidiary of [Digital Currency Group](https://dcg.co/), which invests in [cryptocurrencies](https://dcg.co/#digital-assets-portfolio) and blockchain [startups](https://dcg.co/portfolio/). [strict set of editorial policies](/ethics/). Joining the Hedera council would appear to be its [first public blockchain-related move for some time however](https://www.coindesk.com/tech/2020/02/11/dell-among-founding-members-of-iota-working-group/). As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of [stock appreciation rights](https://www.investopedia.com/terms/s/sar.asp), which vest over a multi-year period. [privacy policy](/privacy/), [terms of use](/terms/), [cookies](/privacy/#cookies), and [do not sell my personal information](/privacy/#dnsmpi) has been updated.

Dell's co-COO Jeff Clarke said in an email to staff earlier efforts to pause external hiring, limit travel and reduce outside services spending were “no ...

By joining Hedera, Dell will gain an opportunity to explore its own forays into DLT and Web3 technologies and distributed applications, as part of a large group ...

Joining the Hedera Governing Council, Dell will run a Hedera node, giving it the opportunity to get direct experience with DLT and test its own code in real-world situations. “Like Hedera, Dell has innovation and scale at its core,” Bill Miller, co-chair of the membership committee for the Hedera Governing Council, said. Hedera and Dell both believe that using distributed ledger technologies can provide customers a path to build cost-effective and efficient applications that run peer-to-peer across information technology environments to solve important use cases. [Hedera Governing Council](https://hedera.com/council) consists of up to 39 organizations that govern the Hedera distributed network. However, Hedera lays claim to a different type of DLT known as hashgraphs, [announced today](https://hedera.com/blog/dell-technologies-joins-hedera-governing-council-to-help-automate-distributed-ledger-technology) that tech giant Dell Technologies Inc.

The painful job cuts Dell Technologies announced Monday come with a reorganization that will change how its sales teams operate around the globe, ...

“Our partners play a critical role in delivering for customers, and our global channel sales structure and strategy, alongside strong regional execution, is designed to bolster our mutual growth.” Other changes include new leadership in the channel organization with Diego Majdalani now responsible for global sales execution through the channel. “I’m excited to drive further scale and growth with our channel partners globally. On Monday, Dell Technologies reacted to softening demand in PC sales by announcing a 5 percent cut to its global workforce of 133,000, or about 6,650 jobs total. “We will continue our focus on growing faster than the market to accelerate our customers’ digital transformation journeys.” Among the moves is John Byrne, who will now assume global responsibility for all regional and Dell Technologies select sales.

Hedera's governing council currently has up to 28 members, including the likes of Google, Boeing, IBM, LG, DBS Bank & others.

And, according to the [crypto market](https://coingape.com/markets) tracker published by CoinGape, this results in a growth of 13% over the past 24 hours, in contrast to a jump of 17% over the last seven days. And the fact that Hedera is semi-permissionless, council members run consensus nodes in order to eliminate the need for network [Hedera Council](https://hedera.com/council) and network, will gain first-hand experience with the opportunities provided by running its own Hedera node and developing applications on the network. The governing council is also responsible for making decisions regarding strategic initiatives. These initiatives include Project Alvarium, which is a Data Confidence Fabric that is able to measure data trust and was developed to ensure distributed systems produce data with a higher level of confidence. [Hedera network](https://coingape.com/tag/hedera-hashgraph/), which runs on its proprietary hashgraph technology.