Dell Posts 11 Percent Revenue Fall in Q4 2022 Days After Cutting Over 6,000 Jobs

Dell posted a smaller-than-expected fall in quarterly revenue on Thursday, as demand for servers and network equipment from large businesses helped cushion sluggish PC sales. In early February, Dell said it was cutting over 6,000 jobs to reduce costs and ride out the demand downturn wrought by high inflation and rising interest rates.

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