Dell reduces workforce as part of broader cost cuts : vimarsana.com

Dell reduces workforce as part of broader cost cuts

The layoffs come after sluggish demand for its personal computers for nearly two years partly contributed to a 11% drop in revenue in fourth-quarter earnings posted last month. Dell expects net revenue in its client solutions group (CSG) - home to PCs - to grow for the entire year, it said on Monday. While Dell cautioned against near-term challenges, the company expects demand to improve and pricing environment to be more competitive in FY 2025.

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