Wow, I knew things were bad over at DELL. But, I didn’t think that they were this bad.
From BBC:
At least 7,000 (ed. – or 8000 according to CNN) jobs are set to be lost at computer firm Dell after it said it would cut its global workforce by 10%.
The PC maker has struggled with falling sales and rising costs, prompting founder Michael Dell to take direct charge of the firm earlier this year.
Guess I’m not the only one having a bad day after all.
Article Link (thx Dan)
Oddly they managed to beat the Wall Street forecasts.
From CNN:
Dell, the No. 2 PC maker, reported sales and profits Thursday that handily beat Wall Street forecasts, and announced it would cut its staff by 10 percent over the next 12 months.
[tags]DELL Job Cuts, DELL Layoffs, 7000 Jobs Cut[/tags]