Beleaguered Dell axes undisclosed number of employees in ‘reorganization’
Michael Dell CEO of beleaguered Dell Technologies
Beleaguered Dell Technologies Inc. is axing an undisclosed number of employees as part of a “reorganization” that includes a new group intended to focus on artificial intelligence products and services.
Brody Ford for Bloomberg News:
A spokesperson declined to comment on how many jobs would be affected. “Through a reorganization of our go-to-market teams and an ongoing series of actions, we are becoming a leaner company,” the spokesperson said.
Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.
The company’s best-known business of selling personal computers has struggled in recent years amid a post-pandemic decline in that market…
“We aim to grow faster than the market by seamlessly meeting our customers and partners online, virtually, or in person, to unlock the value of modern IT and AI for their organizations,” the Dell executives wrote in the memo to employees.
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MacDailyNews Take: Now, to be fair, this is only happening because beleaguered Dell peddles consumer-grade junk and their customer demographics are crap.
Apple is best-positioned to weather inflation and recession due to its superior customer demographics. – MacDailyNews, February 3, 2023
We’ve been covering Apple in these pages for over 20 years and have seen Apple perform through multiple recessions.
It’s the non-Apple tech companies that are most at risk during a consumer spending slowdown since their consumers have less, and/or are less willing, to spend. Apple will be just fine, even in a recession. And, during any stock price declines, Apple’s massive buyback plan will be even more effective in retiring shares and providing support for shareholders. – MacDailyNews, October 4, 2022
Apple’s consumer demographics suggest that it could be resilient, even amid inflation. Plus, a very strong profit margin gives the company plenty of flexibility to absorb rising prices should the need arise. – MacDailyNews, November, 11, 2022
The most inflation- and recession-resistant big tech company is Apple, thanks to its superior customer demographics. – MacDailyNews, October 27, 2022
Apple iPhone customers are the most recession-proof smartphone buyers. — MacDailyNews, September 7, 2022
The same goes for Mac, iPad, Apple Watch, and Apple Services customers in personal computers, tablet computers, smartwatches, and subscriptions, respectively. – MacDailyNews, October 13, 2022
When your money becomes a greater concern, you want to spend it wisely… If it’s not an iPhone, it’s not an iPhone. Further, if it’s not an iPhone Pro, it’s not an iPhone Pro. – MacDailyNews, October 27, 2022
See also: Apple’s indomitable Mac keeps gaining market share at the expense of x86-based vendors – January 19, 2023
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