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Monday March 31, 2008

Dell To Save $3B Over 3 Years

Dell announced today that it will close its desktop manufacturing facility in Austin, Texas as part of an overall plan to save three billion dollars over the next three years. All total, the company will cut almost nine thousand jobs.

Dell Inc. is also reaffirming its plan -- announced last year -- to cut at least 8,800 jobs, or about 10 percent of its work force. In the last nine months of fiscal 2008, the Round Rock, Texas-based company cut 3,200 jobs. The company plans a broad range of cost cuts in design, manufacturing and logistics, materials and operating expenses to stay competitive.

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