Dell CEO Says to Expect More Job Cuts

[OhioChick]

16 hours ago

ROUND ROCK, Texas (AP) — Dell Inc. is committed to reducing costs and will cut more jobs than the 8,800 previously announced as it tries to make itself more competitive, Michael Dell, founder and CEO of the world's second largest computer maker, said Thursday.

At the first full analyst meeting since 2005, Dell addressed the ongoing turnaround of the computer company, which was eclipsed as the world's largest PC maker in 2006 by Hewlett-Packard Co.

"We have identified a very significant opportunity here and are aggressively going after it," Dell said. "To be very clear, we are not satisfied with the current state of affairs and we are on a mission to address this."

Dell aims to cut $3 billion over the next several years to boost profits.

Last year, the company announced plans to cut 8,800 jobs, or 10 percent of its work force. The company this week announced plans to cut 900 jobs in the Austin area by closing a plant.

"We're decreasing our head count," Dell said. "It's declined in the past two quarters and it will decline again in the first quarter. And we will go past the 8,800 target previously discussed as we achieve everything that I'm outlining today."

Asked for specifics after the meeting, Dell said there was no forecast.

"We'll go past it, at least by one," he said. "We'll for sure get the 8,800."

http://ap.google.com/article/ALeqM5itgY1825xiobliELMypHe26ZATCgD8VQJGVG0

[AlertLurker]

1. I was offered a job at Dell last year and turned it down.

The job was first-tier premium support for their high-end server line, and they offered me less money than I was receiving on EI (Canadian unemployment insurance) at the time.

I told them (literally) to "fuck off and get serious" and to NEVER contact me again.

I am even happier now that I did so. Thank-you for posting this, although I realise that it means leaner times for some, here...anyone affected by this announcement has my sympathy (empathy, actually)...