BryanS Posted March 31, 2008 Share Posted March 31, 2008 SAN FRANCISCO (Reuters) - Dell Inc (DELL.O: Quote, Profile, Research) said on Monday it plans to save $3 billion annually over the next three years by closing its Austin, Texas desktop computer manufacturing plant and cutting thousands of jobs.The company's shares rose 1.1 percent following the announcement after closing up 1.6 percent on Nasdaq.Dell, the world's second-largest PC maker after Hewlett-Packard Co (HPQ.N: Quote, Profile, Research), also repeated its goal of cutting 8,800 jobs, or about 10 percent of the work force, and said it will review "ownership alternatives" for its Dell Financial Services business.The company said it had already eliminated 3,200 of the targeted jobs.The Round Rock, Texas-based company also said it would reduce costs in design, manufacturing and logistics, materials and operating expenses.Dell announced the plans as it prepares for its first analyst meeting in three years. Analysts have called on Dell to cut costs more aggressively as profit margins have narrowed.The financing-business review should be completed by Dell's fiscal third quarter, the company added.http://www.reuters.com/article/businessNew...1433123200803318800-3200 = 5600 more to lose their jobs - at the minimum.Pretty soon, the whole operation (even engineering), will be out sourced. The good times are over, for Dell (most employees). Link to comment Share on other sites More sharing options...
houstonmacbro Posted March 31, 2008 Share Posted March 31, 2008 Dell has seen better days. Maybe Apple should buy it. Link to comment Share on other sites More sharing options...
N Judah Posted April 1, 2008 Share Posted April 1, 2008 Damn, that's a lot of people. Link to comment Share on other sites More sharing options...
ssullivan Posted April 1, 2008 Share Posted April 1, 2008 And people wonder why the Dell computers they buy today fall apart, when the ones they bought 10 years ago were practically indestructable... Link to comment Share on other sites More sharing options...
BryanS Posted April 1, 2008 Author Share Posted April 1, 2008 And people wonder why the Dell computers they buy today fall apart, when the ones they bought 10 years ago were practically indestructable... ...go back even further... THIS: ...was an indestructible PC! ... IBM PC/XT! Built like a tank - and weighed as much, too. One thing I liked about these old, old computers - was the 20 pound, solid, "click" keyboard. You cannot find that kind of quality anywhere these days. Per the article, Dell is closing down its desktop plant. These days, everybody wants laptops... It's just a sign of the times (an old product that no one wants anymore, plus the cost savings of paying someone $5/day to build your product.) Link to comment Share on other sites More sharing options...
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