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Dell Reportedly to Trim Expenses by 10%; Could Cut Jobs
Dell Computer (DELL Quote) plans to trim expenses by up to 10% in a series of moves that may also include job cuts, a published report said Friday.
According to the Wall Street Journal, the Round Rock, Texas, computer bellwether has told its managers to expect cost reductions of 8% to 10%. Some employees also believe the company could be preparing to eliminate as many as 4,000 jobs, the paper said. It already has frozen most hiring, barred travel unrelated to sales calls and cut some marketing programs in response to an industry slowdown, ...
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