Dell to lay off 5% of workforce amid PC slump


FILE PHOTO The Dell logo is seen on an item for sale in a store in Manhattan New York City U.S. November 24 2021. REUTERSAndrew KellyFile Photo

FILE PHOTO: The Dell logo is seen on an item for sale in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) - Dell Technologies Inc said on Monday it would lay off about 5% of its workforce as it struggles with a slump in the personal computer market and braces for a potential recession.

PC demand has collapsed after a two-year boom during the pandemic when people working from home splurged on everything from new monitors and laptops to keyboards.

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