Friday, June 1st 2007

Dell cutting 10% of jobs

Computer manufacturer Dell is set to axe at least 7,000 jobs due to falling sales and rising costs as part of a move that will see the firm cut its global workforce by 10%. With tough competition from companies such as Hewlett Packard over recent months, Dell has lost the top spot for pre-built computer sales and now accounts for only 15.2% of the total market, with HP ahead on 19.1%. "While reductions in headcount are always difficult for a company, we know these actions are critical to our ability to deliver unprecedented value to our customers," Mr Dell said. Dell currently employs 78,700 staff worldwide, although the scale of cutbacks in different regions will depend upon current trading and legal considerations. Dell also announced that first quarter profits had actually risen from $762m to $947m, with sales rising 1% over the last three months to $14.6bn.Source: BBC News
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4 Comments on Dell cutting 10% of jobs

#1
tkpenalty
...Dell, reason why you are getting pwnt is because you do not know that after people buy one dell, they dont buy another again!
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#2
RickyG512
basterds just keep them u got enough profit
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#3
WarEagleAU
Bird of Prey
I just hope, and Im not meaning to sound like a bastard, that most of the job cuts are on their overseas staffing centers. Its very hard to understand most of them and that pisses customers off.
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#4
Eric3988
Yeah, that makes sense, cut down your workforce when you are making more money than ever. Just keep on reaping the benefits...
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