Dell Lays Off 8,000; 1Q Earnings Sag

June 1, 2007 By MATT SLAGLE , AP Technology Writer Dell Lays Off 8,000; 1Q Earnings Sag

Employees walk past the Dell headquarters building, Wednesday, May 30, 2007, in Round Rock, Texas. Dell Inc. is expected to release quarterly earnings on Thursday, May 31, 2007. (AP Photo/Matt Slocum)

(AP) -- Dell Inc. beat Wall Street predictions in its first-quarter earnings report but said it would eliminate 10 percent of its work force over the next year as part of a broad plan to trim costs and become more competitive with rivals.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

Broadcast pioneer NBC prepares for cable takeover

8 hours ago | 1 / 5 (1) | 1

Jellyfish swarm northward in warming world

Nov 15, 2009 | 4.3 / 5 (15) | 1

All eyes on Murdoch as newspapers ponder digital future

Nov 15, 2009 | not rated yet | 1

Google makes concessions on digital book deal (Update)

Nov 14, 2009 | 5 / 5 (2) | 2

Intel settles AMD claims but isn't off the hook

Nov 12, 2009 | 4.3 / 5 (9) | 4

Rate this story - 3 /5 (2 votes)

rank
1
2
3
4
5

view popular

Other News

USA Today tests online edition at colleges

Technology / Internet

22 minutes ago | not rated yet | 0

(AP) -- Penn State, Indiana and Missouri are the first schools to participate in a USA Today initiative meant to test how students respond to electronic versions of printed newspapers.

Gartner said in a statement that semiconductor revenue is on pace to fall 11.4 percent this year

Semiconductor revenue to fall 11 percent: Gartner

Technology / Business

1hour ago | not rated yet | 0

Worldwide semiconductor revenue is expected to decline by more than 11 percent in 2009 over last year, less than previously forecast, market research firm Gartner said Monday.

Comcast's NBC talks cap its decades-long rise

Technology / Telecom

2 hours ago | not rated yet | 0

(AP) -- Ralph Roberts knew he was onto something big when people ran after his cable TV trucks in Tupelo, Miss., asking for a visit to their homes.

More than 1,000 people have already signed up on the Internet to receive the "niiu"

Europe's first 'personalised paper' rolls off the presses

Technology / Other

5 hours ago | not rated yet | 0

Billed as Europe's first "personalised paper", "niiu", a newspaper tailored to readers' individual wishes and delivered to their door before 08:00 am, made its first appearance in Berlin on Monday.

Univision programming will now be allowed on YouTube

Univision coming to YouTube

Technology / Internet

1hour ago | 2 / 5 (1) | 0

YouTube and Univision announced an agreement on Monday to bring short- and long-form programming from the Spanish-language broadcast network to the video-sharing site.