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Mar31
Dell Inc. Closing Austin Texas Plant; 900 People Laid-Off
DELL Inc. (NASDAQ:DELL), the second largest computer manufacturer in the world, said it can save about $3 billion dollars over three years by laying off about 15% its employees and cutting costs on manufacturing and materials. MSNBC.com posted a story from tComputer%20chip.jpghe Associated Press about Dell's plan. The Texas based corporation is closing its Austin desktop plant as a part of the savings plan, were 900 people are employed.

I realize there are only so many ways a company can save, but telling the world you're about to cheaper parts seems like the opposite of good sense to me. In a similar vein, do companies cut salaries for board members and high ranking executives to cut costs?

CNNMoney.com reported Dell's aggressive strategy to woo resellers as a part of its new reseller initiative, going so far as to crash an event sponsored by rival manufacturer Hewlett-Packard (NYSE:HPQ).

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