Layoffs are making headlines. What's really going on in the job market
Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’
Important Takeaways:
- Dell to lay off more than 6,500 employees
- Dell has about 133,000 employees, the company told CNN. At that level, the 5% cut would represent more than 6,500 employees.
- The computing giant cited the “challenging global economic environment” for the cuts.
- “What we know is market conditions continue to erode with an uncertain future,” Clarke told employees. “The steps we’ve taken to stay ahead of downturn impacts – which enabled several strong quarters in a row – are no longer enough. We now have to make additional decisions to prepare for the road ahead.”
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