Cash Pay - Dell plans pay reductions, product feature removal, and over 8800 … - BetaNews
Prior to this week’s meeting with analysts, Dell last week announced plans for a staff reduction of 8,800 positions over the next three years, along with the shutdown of a desktop PC plant. But more layoffs and other future cost-cutting measures by Dell were foretold in a conference call with analysts held more than a month ago to discuss the vendor’s financial results for the fourth quarter of 2007 fiscal year. Today, Lynn Tyson, Dell’s VP of investor relations, reiterated the reasoning behind the cuts in a blog entry recounting the discussion at this week’s meeting with Dell analysts. In a blog posting just after Dell’s announcement last week, Lynn Tyson, Dell’s VP of investor relations, tried to explain the additional layoffs and the plant closing in Texas to Dell shareholders. Operating expenses (Opex) is also a part of profitability and we believe we can do a better job of managing these expenses - things like reducing headcount (net of acquisitions) and moving more of our people to front line positions - positions that actually touch the customer,” Tyson wrote. Find Out More
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