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Nov 4 2008

Dell to cut more cost

Shoaib Hashmi 

Dell LogoDell is taking measures to cut further the expenses which will include forced time off (at least it is better than firing anyone). According to a report Dell’s CEO, Michael Dell, has sent a memo highlighting cost cuts. According to the report:

Dell said the company will consider a range of options to reduce its costs, including a hiring freeze, cutting contract employees, severance packages, the five-day furlough and, if necessary, more layoffs.

[via ZDNet]

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