Dell Technologies Inc. is set to cut about five percent of its global workforce, amid an “uncertain future” for the computer company.
Dell has taken several measures in recent months to deal with “market conditions.” Those changes included freezing external hiring, limiting travel, and reducing expenses for outside service. In its latest Securities and Exchange Commission (SEC) filing on Monday, the computer company included a letter to employees, admitting that the “steps we’ve taken to stay ahead of downturn impacts” are “no longer enough” and the company would have to make some “resets.”
