Beleaguered Dell to close Austin PC plant, cut thousands of jobs in cost-cutting effort
Monday, March 31, 2008 - 06:23 PM EST Beleaguered Dell said Monday it hopes to save up to $3 billion over the next three years via cost cutting and employee layoffs."The world's No. 2 computer maker said it will close its desktop manufacturing facility in Austin, Texas," The Associated Press reports.
"Round Rock, Texas-based Dell is also reaffirming its plan — announced last year — to cut at least 8,800 jobs, or about 10% of its workforce," AP reports. "In the last nine months of fiscal 2008, the company cut 3,200 jobs."
Full article here.
MacDailyNews Take: Instead of prolonging the misery, Mr. Dell should just shut it down and give the money back to the shareholders.
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Uncooking the books costs beleaguered Dell $92 million - October 31, 2007
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The Motley Fool: ‘Intel to Dell: you guys stink’ - September 28, 2006
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Fortune compares Mac vs. Dell: ‘you’ll get more for your money with Apple’ - September 11, 2006
AP: Time to think different, Apple Mac beats Dell on price, software compatibility, and more - August 23, 2006
Dell profit falls almost in half; announces informal SEC probe - August 18, 2006
Dell cannot compete with Apple’s new Mac Pro price or feature set - August 15, 2006
Bear Stearns: Apple’s new Mac Pro, Xserve pricing well below comparable Dell systems - August 09, 2006
Dell warns of earnings miss; shares plunge 15% - July 21, 2006
Survey shows big jump in consumer interest in buying Apple Mac; Dell takes steep slide - July 06, 2006
Dell warns 1Q earnings will miss mark; shares tumble - May 08, 2006
Apple passes Dell in market value - May 02, 2006
InformationWeek: Apple Mac run Mac OS X, Windows, and Linux; Dell and HP should be concerned - May 01, 2006
Dude, you got a Dell? What are you, stupid? Only Apple Macs run both Mac OS X and Windows! - April 05, 2006
Apple Mac is #1 in European education market, pushes Dell down into second place - February 03, 2006
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If it weren't for Michael Dell's enormously fat mouth (with foot firmly inserted, still), I'd feel sorry for the company. However, and with that said, my present joy knows no bounds at this piece of news. Just ask Earl: Karma is a bitch.