Dell is laying off 5% of its workforce as the company told employees the move is to prepare for uncertainty.

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Dell to Lay Off Of 5% of Workforce

Despite blockbuster hiring in January, we are learning of another large tech company laying off workers. The latest firm to announce cuts this time, shedding 6000 jobs or 5% of its workforce. Adele stock is down today despite news of the restructuring. But in a memo to employees reviewed by Cheddar News, Dell's chief operating officer, Jeff Clark saying the cut started prepare for uncertainty ahead. So del, unlike other tech giants, is grappling with a slump in the PC market. The drop in PC demand also contributing to Microsoft letting go of 10,000 workers in january and other large tech firms like alphabet and amazon shedding tens of thousands of jobs last month as well in preparation for a potential recession. Well, overall layoffs in january coming in 202,000 led by the tech sector, even though the economy added more than half a million jobs on net last month, we got that data on friday partially attributed to seasonal hiring. Well Del already ruling out cost cutting measures like a hiring pause and limits on travel, according to the memo by the company noting that that wasn't enough. And so these layoffs are the next step