Dell Technologies, a US computer maker, has initiated job cuts affecting some of its employees in China. This move is seen as another example of American companies reducing their presence in the world's second-largest economy.
The job cuts primarily target employees within Dell's EMC storage unit and Client Solutions Group (CSG) in Shanghai and Xiamen. Affected employees were informed this week and have an October 10 termination date. Employees were reportedly given the opportunity to apply for internal positions before their last day.
This is reportedly the third round of layoffs in recent months, with previous terminations occurring on August 15 and September 12. The exact scale of the most recent job cuts remains unknown, and Dell has not yet issued an official statement.
Dell's reduction in workforce in China aligns with a broader trend of global headcount reduction. The company's financial reports indicate a decrease in employees from around 120,000 a year earlier to roughly 108,000 as of January 31. These reports attribute the decrease to cost-cutting measures, including employee reorganizations and limited external hiring.