Dell furloughed thousands of employees, canceled work from home, gave this reason for layoff

Ronit Kawale
Ronit Kawale - Senior Editor
2 Min Read

Dell Computer Layoff: Leading computer manufacturer Dell has said that the company has laid off about 6,000 employees. This has been disclosed in the exchange filing of the company. With this, the total number of employees of the company has now reduced to 1.20 lakh. Exchange filings revealed that earlier the company's workforce comprised 1.26 lakh employees.

WhatsApp Group Join Now
Telegram Group Join Now

Dell has informed in its filing that the company has been facing a continuous decline in computer sales for almost 2 years. Therefore, to maintain profits, the company was forced to make layoffs. Due to decrease in demand, the company's revenue has decreased by 11 percent. This was confirmed by the quarterly results announced last month. The company said that it was facing financial crisis due to reduction in revenue, hence a difficult decision was taken to lay off the employees.

Expecting good sales this year
However, the company has estimated in its exchange filing that its client solutions business, including personal computers, may grow this year. Falling demand is troubling them. Nevertheless, he remains optimistic about increasing sales. Dell said that it will move forward by keeping computer prices right in fiscal year 2025. This will help them in increasing their revenue.

Promotion of those working from home will be stopped
Recently, Dell had told its employees that they can continue working from home, but the company will not give them promotion. The company has asked its employees to work from office for at least three days. Hybrid work policy was in force at Dell even before Covid arrived. Because of this, there is resentment among the employees regarding this decision.

Tags: Business news, Business news in hindi

PressNews24 provides latest news, bollywood news, breaking news hollywood, top tech news, business standard news, indian economy news, world economy news, travel news, mumbai news, latest news mumbai loksabha election 2024, video viral news, delhi news, Only at

Leave a comment