Dell to cut 6,650 jobs amid diminishing demand for company's computers

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Dell to cut 6,650 jobs amid diminishing demand for company's computers
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The 6,650 jobs cut is about 5% of Dell's global workforce.

Dell's co-Chief Operating Officer Jeff Clarke wrote in a memo to employees that the company is experiencing market conditions that "continue to erode with an uncertain future," according to Bloomberg News.

Clarke explained that previous cost-cutting initiatives, which included a pause on hiring and limits on travel, are no longer sufficient. A spokesperson for Dell told Bloomberg News that department reorganizations and job cuts are an opportunity to drive efficiency.

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