Dell continues to lower debt after EMC Corp. merger.
Following the $67 billion merger with EMC Corp. in 2016, Dell Technologies Inc. has been threatened by a large amount of debt it took on. Through investing in research & development, pursuing acquisitions through its majority ownership in software firm VMware Inc., and passing increased costs due to import tariffs onto buyers, Dell has done extremely well to chip away at its core debt. Additionally, sale items such as PCs and notebooks have increased revenue generation due to the shift to the need for technology to work/learn remotely. This has enabled the company to further decrease its debts.
COVID|Discontinued ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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