Dell announces further job cuts

jetski

Dell plans to cut more jobs than the 8,800 it earlier targeted and has already eliminated 5,500 positions, Chief Executive Michael Dell said today.
The CEO said the company will end the year with lower operating expenses than in the previous year and that job cuts are continuing in the current quarter and will exceed the earlier target first announced in May 2007.
"We are not satisfied with the current state of affairs and are on a mission to fix it," said Mr Dell (43). "Every area" of the company is being pursued for cost cuts, he added.
Earlier in the week, Dell said it planned to reduce annual expenses by $3 billion (€1.91 billion) annually by 2011. On Monday, Dell said the company had eliminated 3,200 jobs.

http://www.ireland.com/newspaper/breaking/2008/0403/breaking51.htm

jmayo

jetski wrote: »

Dell plans to cut more jobs than the 8,800 it earlier targeted and has already eliminated 5,500 positions, Chief Executive Michael Dell said today.
The CEO said the company will end the year with lower operating expenses than in the previous year and that job cuts are continuing in the current quarter and will exceed the earlier target first announced in May 2007.
"We are not satisfied with the current state of affairs and are on a mission to fix it," said Mr Dell (43). "Every area" of the company is being pursued for cost cuts, he added.
Earlier in the week, Dell said it planned to reduce annual expenses by $3 billion (€1.91 billion) annually by 2011. On Monday, Dell said the company had eliminated 3,200 jobs.

http://www.ireland.com/newspaper/breaking/2008/0403/breaking51.htm

Anyone that thinks Dell are going to maintain a manufacturing plant in Ireland long term is IMHO deluded.
The margin on every PC is low and they cannot afford to be in a very high labour cost market. Add to that the high cost of ancilliary services and it ups the costs in comparison to some Eastern European countries never mind the Far East.
Big problem for Ireland is that Limerick and Mid West region are very dependent on these jobs becuase it constitutes big percentage of overall jobs.

tHE vAGGABOND

What has this got to do with Accommodation & Property

jetski

em nothing directly, but it is related to the state of the enonomy and thats does have a large par to play in accommdation & property