Local Job ; Cuts Still; in Doubt,; Dell Says
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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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Dell's profits and sales miss analyst's targets and the computer firm warns earnings will remain under pressure.
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Plus: SCO to cap legal costs...Novell sees weakness in IT spending...Salesforce reports rise in profit...Nortel to lay off 3,500.
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By Paul B. Johnson, High Point Enterprise, N.C.  Jun. 6--TRIAD -- Dell Inc. could continue to receive its full incentives package from state of North Carolina even if the company lays off workers at its Triad plant.
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The possibility of layoffs at Dell Inc raised its head on Friday, with a leaked memo indicating that returning chief executive Michael Dell wants to restructure his way out of the company's problems.
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By Andrew D. Smith, The Dallas Morning News  Feb. 21--Analysts expect disappointing numbers when Dell Inc. announces earnings next week, but they see nothing disappointing about the new hires and initiatives at the company.
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Don't look on the Dell Web site for home AMD-based PCs. The company is selling them only in brick and mortar stores or via phone orders now.
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Investor's Business Daily - While rivals Hewlett-Packard and IBM struggle with change, computer giant Dell showed its consistency Thursday.
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By MATT SLAGLE  DALLAS - 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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It wasn't supposed to work like this. Paying $280 million to lure a Dell plant was supposed to ensure high-tech jobs at the computer maker and at ancillary businesses it would attract. Instead, Dell's health has faltered and 8,000 jobs will be cut in the next year.
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(InfoWorld) - Dell is in the final phases of an internal audit of its finances, the company said Thursday as it told the U.S. Securities and Exchange Commission it will delay filing an audited earnings report for the fourth consecutive quarter. The company began the audit in an effort to comply with accounting investigations by the SEC and theÂ U.S. Attorney for the Southern District of New York. Although the investigations have not yet led to a conclusion, Dell has already felt the impact on its bottom line -- the company spent $46 million on the investigation during the latest quarter alone. Dell is also staving off a threat by the Nasdaq stock exchange to delist its stock as punishment for failing to file official quarterly reports, called Forms 10-Qs, for the second, third, and fourth quarters of fiscal 2007, and now the first quarter of fiscal 2008. At the same time,Â Dell has been struggling in the marketplace. On May 31, the company announced a plan toÂ lay off 10 percent of its 88,100 workers, in a continuing search for richer profits. The company earned $759 million for the first quarter compared to $762 million in the same quarter last year. However, those numbers are subject to change if Dell management decides to restate its earnings, the company warned in the SEC filing. The company's audit committee stated in March that it hadÂ found evidence of misconductÂ and accounting errors, and now says it is reviewing each of those errors and proposing corrections. The committee will then decide whether to restate earnings. Dell management will also determine whether there is "a material weakness in the company's internal controls over financal reporting" and whether its "disclosure controls and procedures are not effective," the filing said. A company spokeswoman declined to give further details on the audit committee's progress, saying that the latest SEC report is just a formal confirmation of Dell's warning in May that its first-quarter results were only preliminary.
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By Yager, Tom  Investors and the SEC are going after Dell, but it shouldn't have to take the rap alone  I WROTE A COLUMN IN 2005 CALLED "HOW will Dell Offset the Loss of Intel's Generosity?" (infoworld.com/5060).
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By Sandy Miller, The Times-News, Twin Falls, Idaho  Feb. 3--TWIN FALLS -- Employees at the Dell Inc. contact center know how to mix work and play.   In the center's break room, several employees shoot a game of pool while another sinks a perfect putt on a small indoor green.
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Inside I.B.M., the issue of whether to stay in the personal computer business has been debated for a decade. The issue was put to rest last week.
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By Frank Norton, The News & Observer, Raleigh, N.C.  Jun. 2--For some tech workers, the bust is back.   Technology companies -- including several with major North Carolina operations: IBM, Lenovo and Dell -- are trimming their U.S.
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At least 7,000 jobs are set to go at computer firm Dell after it said it would cut its global workforce by about 10%.