PC maker Dell to cut 7,000 jobs
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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%.
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Delta Air Lines Inc. is axing up to 7,000 jobs, shedding its Dallas hub and will have to file for bankruptcy if it can&#39;t get a grip on a growing number of early pilot retirements by the end of September, the
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Intel Corp., the world's largest semiconductor maker, will cut 10,500 jobs -- 10 percent of its workforce -- as part of a plan to reduce costs by $3 billion annually starting in 2008.
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By MATT SLAGLE  DALLAS - In a memo to Dell Inc. employees days after returning as chief executive officer, Michael Dell said the beleaguered computer maker is quashing bonuses for 2006 and reducing managers to help cut costs and steer the company back toward dominance.
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Dell Inc.  is leaving the LCD  television business to focus on its core PC products amid an  ongoing company overhaul by founder Michael Dell, Taiwan media  reported on Thursday.
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Cardinal Health Inc., a medical products and services company based in Dublin, Ohio, plans to cut 4,200 jobs, or about 7 percent of its work force, and close 25 offices as part of a three-year restructuring plan, the company said Monday.
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Dell Inc.  on Thursday  said it will cut back on mail-in rebates and simplify its  pricing on computers after customers complained the process for  getting the sale price was too complex.
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The San Diego-based maker of data storage products said in a statement that it plans to cut 145 regular and temporary personnel worldwide, and will incur restructuring charges of between $5 million and $7 million.
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Cardinal Health Inc., a medical products and services company, plans to cut 4,200 jobs, or about 7 percent of its work force, and close 25 offices as part of a three-year restructuring plan, the company said Monday.
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Drug wholesaler Cardinal Health Inc. (CAH.N: Quote, Profile, Research) said on Monday it would cut 4,200 jobs, or 7 percent of its work force, and close 25 facilities
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(InfoWorld) - Dell will lay off 10 percent of its 78,800 workers, in a continuing effort to improve profits as the company also completes an investigation of accounting fraud, it said Thursday. Dell will make the layoffs over the next 12 months, including workers throughout its geographic regions, customer segments, and job functions, the company said in a statement. The move is part of a corporate cost review spanningÂ product developmentÂ and procurement,Â service, and support delivery. While layoffs are difficult, "we know these actions are critical to our ability to deliver unprecedented value to our customers now and in the future," company CEO Michael Dell said in a written statement. The company also announced it made $759 million in profit for the first quarter of its 2008 fiscal year, down slightly from the $762 million it earned for the same quarter last year. Dell reported revenue of $14.6 billion and earnings of 34 centsÂ per share, both well above Wall Street expectations of $13.95 billion in revenue and 26 cents earnings per share, according to analysts polled by Thomson Financial. Despite itsÂ success in beating the financial forecast, Dell also said it had spent $46 million in the last quarter on expenses for the investigation into accounting and financial reporting. Dell began an internal study of its books because of questions raised in 2006 by the U.S. Securities and Exchange Commission (SEC). Dell blamed that situation for its decision to file only preliminary results Thursday, marking the fourth consecutive statement that the company has not filed an audited, official earnings account. Those missing statements have also forced Dell to fight to keep its stock listed on the Nasdaq exchange, which requires all public companies to file audited Form 10-K papers in order to be publicly traded. Dell has already won several extensions of a deadline to supply those numbers, and on May 4 it asked for even more time to meet the conditions.
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Software maker Computer Associates  CA.N on Wednesday said it would cut 800 jobs, or 5 percent of  its work force, to cut costs amid weaker demand and falling  prices for software and services.
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Responding to customer complaints, Dell Inc. said Thursday it plans to gradually reduce its use of mail-in rebates and its often confusing array of other promotional offers.
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Delta Air Lines, the third-largest carrier in the United States, announced Wednesday it will cut 7,000 jobs -- 10 percent of its workforce -- during the next 18 months and will slash wages.
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Computer Associates International said today that it plans to cut 800 positions worldwide, or 5% of its workforce, in the hope of shaving $70 million annually off its operating costs.
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Dell Inc., which has been pushing its computers into more retail stores, said Wednesday it will close its 140 shopping mall kiosks in the United States.
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Bombardier Recreational Products has signed a seven-year deal with Dell.