Dell cheers Q1 with workforce decimation
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2.0 - 8,000 = more money Dell will decimate its workforce over the next year, eliminating more than 8,000 jobs. The company released word of this restructuring as it dished out first quarter financial results that beat market expectations.â¦
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By RICHARD M. BARRON  Dell said Friday it doesn't know whether plans to cut 10 percent of its workforce worldwide will affect the roughly 1,300 workers at its Winston-Salem computer assembly plant.
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By Alan Formby-Jackson  Dell job losses   US computer maker Dell will shed more than 8,000 jobs, including 450 in the Irish Republic, over the next year as part of restructuring.
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Company will begin production on sub-1-inch hard drive later this year.
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The IT consultants delivered in Q1, but the outlook dashes upside hopes.
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Dell also announced that it would lay off 10 percent of its work force over the next year in order to reduce costs.
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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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Dell Inc., the world's second-largest personal computer maker, reported on Thursday a sharply lower quarterly profit while revenue fell short of Wall Street expectations, sending its shares down 1.7 percent.
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The software maker said it got off to a fast start in the first quarter, with revenue up 27 percent from a year ago.
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Business & money: World's second largest PC maker reports first-quarter profits above Wall Street expectations, then announces layoff equivalent to 10% of its workforce.
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The leader proves to investors that first-quarter challenges were temporary.
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Dell Inc , the world&#39;s  second-largest personal computer maker, on Thursday reported  higher-than-expected profit as it benefited from lower costs  for disk drives, microprocessors and other components.
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In a security analysts' conference this morning, Hewlett-Packard CEO Mark Hurd's message did not exactly follow the holiday spirit. Another round of cost-cutting at what can now be called the world's #1 PC manufacturer will be under way. During the first stage, which began in July 2005, the company let go of 15,300 employees; thus far, layoffs have not been mentioned for the next round, though it's not unlikely.
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Dell (Nasdaq: DELL) is giving its corporate customers a break, announcing price cuts on hardware ranging from enterprise servers and workstations, to desktops and notebooks for large business and institutional customers.
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"OK" results aren't good enough for Dell anymore. That's great news.
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WASHINGTON -- Better than expected performance in the US manufacturing sector in February helped calm investors yesterday, even as economists cautioned that one month's worth of data is not a cause for too much optimism.
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SAN FRANCISCO - Dell is winning over Wall Street again - but some of its customers remain unhappy with the beleaguered PC giant. Dell on Thursday reported preliminary revenue of $14.8 billion for the quarter ended Aug. 3, up from $14.1 billion a year ago. The No. 2 PC maker also conceded that a shortage of laptop parts continues to prevent it from filling some orders.