Dell says it still has a long way to go

Posted on Thursday, Jul 12 2007 @ 00:05 CEST by Thomas De Maesschalck
Michael Dell, who retook control of Dell in January, says his company still has a long way to go to spur PC sales and regain lost marketshare.
Dell, who retook the CEO job in January after sales growth slumped, said the company's strategy includes hiring "new talent," striking partnerships, making acquisitions and controlling spending.

"We are making steady progress, but there is a lot to be done," Dell, founder of the Round Rock, Texas company, said at an event to introduce a new brand of personal computers designed for small businesses.

In May, Dell said it planned to cut about 10 percent of its work force, or about 8,800 of its 82,800 permanent employees and 5,300 temporary staff. The cuts are expected to take place over the next year.

Michael Dell said the company still had "things to do in expense management."
Source: Reuters.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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