Insiders say that Dell's anticipated layoff programme will begin this week, with roughly 15,000 employees due for the chop.
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In spite of Nokia's new smartphones and Microsoft's invested partnership, the Finnish phone maker is expected to report further losses on Thursday for its third quarter earnings report, amid layoffs and further restructuring efforts.
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Dell is laying off workers around the world but won't say how many or where, reports the AP.The computer maker will confirm only that some of the employees are based at an assembly plant in North Carolina.
Here are today’s notable headlines. You can get News To Know via email alert and RSS daily .
Sun is the Rodney Dangerfield of the tech companies on the stock market - no matter what they announce, from sales gains and new products to losses and layoffs, the response is always the same: the people who make money selling IBM and Wintel shares short Sun. It's a loser: the dollars at issue favor the MS/IBM side by over a hundred to one - so it's time, I think, to pick up that ball and go home. Take the company private and be done with this nonsense.
Michael Dell said Thursday that the company will lay off more than the 8,800 employees it had previously announced and remains committed to cutting costs. Dell's confessional indicates that the company has a lot of cost cutting ahead and could become more efficient.
Report says joining forces could help Dell reverse recent server market losses for machines running Linux.
Apple says schools can get the all-in-one computers for $699, while students and teachers can get them for $779. Analysts call the discount an aggressive move to stem losses to Dell.
Dell Computer has eliminated more than 130 jobs in Texas. The layoffs occurred due to a restructuring of the company's product development effort and its annual performance assessment of workers in its products group.
Penny-pinching at Dell Computer will mean 150 fewer jobs in Ireland. The company said that the jobs--all administrative positions in its Limerick offices--were made redundant by the consolidation of manufacturing operations into a single location in the Limerick county town of Raheen. Dell will eliminate the jobs by offering voluntary separation as opposed to imposing layoffs on the staff, Maher said. Employees who leave will receive a severance package that includes at least six weeks of pay and extended medical insurance coverage. --John G. Spooner, Special to ZDNet News
Lucent Technologies Inc has declined to comment on reports of a new round of layoffs that could see another 10,000 job losses globally as the company continues its restructuring exercise.
NEW YORK--A top Dell Computer executive said Thursday that the company will be "ruthless" about cutting costs, but declined to comment on speculation about more layoffs. Speaking at a Merrill Lynch technology conference, Tom Meredith, senior vice president of business development and strategy, said Dell plans to cut costs further because that's the company's best advantage against its rivals.
European exchanges were down this morning following overnight announcements of profit warnings and layoffs from Dell, HP and Nortel.
Dell Computer is set to lay off 1,700 workers - the first time the US's leading PC seller has announced job losses.
Not too confident about profits in 2002 either
Dell Computer has cut back on its temporary work force as the PC giant seeks to cut costs amid a sluggish market. The Round Rock, Texas-based computer maker could also soon start paring the number of permanent employees, say analysts and sources close to the company.
Permanent layoffs may be imminent as the Texas PC maker tries to corral operating expenses. Rivals HP and Gateway have already laid off thousands.
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