Dell Layoffs Today'S

Dell Layoffs Today'S. Dell shares were trading at about $180 in late may, but have since tumbled to about $91, valuing the company at just over $64 billion. In a move to address its cost structure in uncertain times, the vendor notified employees that it will eliminate jobs, bloomberg.

Dell said those layoffs were due to a drop in sales for hardware like personal. Dell has cut jobs for the second time in the last two years.