PC sales set to slow down in India as hardware firms announce layoffs

Sale boom during pandemic waning as consumers delay purchase due to fear of recession: Report

After the big tech firms of Google, Meta and Microsoft, hardware players Dell and HP have announced layoffs. Dell said it will cut 6,650 jobs, or 5 per cent of its global workforce, as personal computer (PC) sales plunge.

While the India impact of the layoff is unclear, analysts said that PC sales in India will be challenging for global players.

“The story is on similar lines in India too. The PC market is witnessing a slowdown and is expected to be challenged in H1 2023. It will be challenging to find volumes like 2021-22 in the next few quarters,