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Due to the decline in demand for its personal computers, Dell Technologies Inc (DELL.N) will cut 6,650 positions, or nearly 5% of its global workforce, according to a Monday report by Bloomberg News. According to a memo to staffers from Jeff Clarke, co-Chief Operating Officer, the market circumstances for the company “continue to degrade with an uncertain future.” The prior cost-cutting efforts, such as a halt on employment and travel restrictions, are insufficient, according to Clarke in the message.