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