However, co-Chief Operating Officer Jeff Clarke stated in a note to staff that those actions are “no longer enough.”
“What we do know is that market circumstances are deteriorating. And that the future is unpredictable,” Clarke remarked.
Dell expects to record the costs associated with the layoffs in its January fiscal fourth quarter.
Competitor HP Inc (HPQ.N) has also announced it will eliminate up to 6,000 positions.
According to research firm IDC, the PC and tablet market will experience another year of decline in 2023 with a decline of 2.6%.
This follows a period of rapid growth during the pandemic due to remote working.
According to Susannah Streeter, markets analyst at Hargreaves Lansdown, given Dell’s sensitivity to both consumer and corporate confidence, it was only a matter of time before the wave of tech layoffs reached its shores.
Dell employed over 133,000 people as of January 28, 2022, with nearly a third of those based in the United States.
The layoffs were first reported by Bloomberg News on Monday.
Prior to the bell, Dell shares were unchanged.
