Posted on 11/05/2008 12:23:01 PM PST by WaveMan
Michael Dell spent the past 21 months cutting employees, slashing costs and reshaping Dell Inc. to make it more competitive in a changing personal-computer marketplace. Now, with a brutal economy forcing customers to cut back on technology spending, he's turning to his workers for more help.
In a memo Monday, Dell asked employees throughout the company to consider taking off as many as five days without pay over the next three months. In addition, he said, the company would institute a hiring freeze, scale back some projects, offer voluntary severance packages and cut many of its contract workers.
(Excerpt) Read more at bootdaily.com ...
For Pete’s sake, cut liberal democrat employees first.
Hey Mikey, here’s a thought. Outsourcing your support overseas to save a few pennies, has cost you millions. All the flashy paint you are buying from a 60 year old hippie, ain’t gonna boost sales.
Bring your support back, and knock off the nazi like support policies, and you’ll regain a lot of what you’ve lost. 10-4?
Idiot.
Ping.
Fortunately for those let go, Obama wants to extend unemployment bennies.
I’m sure that Michael Dell, Uber-lib, is “spreading the wealth” by reducing his own income proportionately with the cuts he’s making in employee’s compensation. Somehow that was missing from the article.
Before you get on me that much of Dell’s wealth is in the stock of his corporation, which has taken a hit, fine. I’m sure his employees with 401k plans suffered no less. Dell no doubt also receives a salary. Perhaps he could cut that. As well as some corporate perks.
Dell should shut down his company and give the money back to the shareholders. It’s only fair.
Check him out at opensecrets - he donates to Republicans and his company only.
He’s not a lib, more’s the pity.
Their salary will now consist of two bowls of rice per day, instead of three, and no more free chopsticks.
Most of the IT business is starting to sing a similar tune.... we just all do our heavy lifting.... :(
“I’m sure that Michael Dell, Uber-lib, is “spreading the wealth””
Might want to check Dell’s political contributions. They are almost exclusively to Republicans.
I don’t fault Dell at all. I used to work there. Problem is, Michael Dell just became the CEO again, after Kevin Rollins and others made poor decisions, including outsourcing thech support to India, and nearly ran the company into the ground.
Dell will get the ship righted.
Oh, and I don’t have a problem with this.
As a business owner, the Obama tax increases are going to earn some of my employees permanent time off without pay. Dell is trying to retain employees and strengthen his company.
I can hear the leftist, laid-off employees chanting:
“I won’t worry about paying my mortgage; I won’t worry about putting gas in my car.”
a) Most of them are already on the gravy train, and
b) The rest are trust fund (cry) babies or Hollyweirdo's
Running headlong into a Recession, America chooses a leader who believes he can TAX his way out of it.
Someone wrote a post about the small businessman who decided if Obama was elected, he’d cut 3 of the workers in his company, all Obama supporters. I hope we get a follow-up how that goes over. :-)
There is also going to be another cut around Christmas. A friend’s boss already got the memo. Said friend’s position is also very shaky with his previous duties cut back a few months ago so he’s looking elsewhere.
That reminds me of one of my favorite quotes:
We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. ~Winston Churchill (1874-1965)
Some things never change.
The wave of the new Obamanation — pink slips will be very “in”.
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