Silke
15.02.2001, 18:56
Nachbörsl. kommt Dell mit Zahlen. Im Vorfeld dieser, werden hier schonmal ein paar Hiobsbotschaften in Form von Stellenkürzungen veröffentlicht.
Die Zahlen selbst dürften eigentl. nichtmehr den großen "BAD-RUN" ergeben, da Dell bereits im Vorfeld eigentl. zur Genüge revidiert hat.
cu
MM
Dell confirms job cuts
H-P, Dell to release quarterly results Thursday
By Jason Margolis & Janet Haney, CBS.MarketWatch.com
Last Update: 11:55 AM ET Feb 15, 2001 NewsWatch
Latest headlines
Get Alerted
SAN FRANCISCO (CBS.MW) -- Dell Computer confirmed Thursday what many have been speculating for a while -- it's letting go 1,700 full-time employees. The news comes just hours ahead of its quarterly results, along with earnings from Hewlett-Packard.
Dell said Thursday afternoon that it is cutting about 1,700 regular full-time positions, primarily in administrative, marketing and product-support functions in its central Texas operations.
The Round Rock, Texas-based company said that at the end of its fiscal fourth quarter it had 22,000 workers in central Texas and 40,200 worldwide.
Investors and analysts will be keen to hear what else the company says during its fourth-quarter conference call Thursday afternoon. The Austin American-Statesman newspaper reported that Dell will indeed layoff 1,700 of its employees in Austin and Round Rock, Texas. See related story. The paper cited Round Rock city officials, as well as the mayor as its sources.
Earlier in the week, Salomon Smith Barney analyst Richard Gardner added fuel to the rumor, saying in a research note to clients that his sources indicate that the PC maker "does indeed intend to lay off some 3,000 to 4,000 employees, or 8 to 10 percent of the total work force."
Gardner pointed out that this move would help offset potential gross-margin declines.
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Updated:
2/15/2001 11:12:58 AM ET
Separately, Salomon Smith Barney said it sees a potential slowdown for Dell. Earlier in the week, the firm said that it thinks Dell will report fiscal fourth-quarter revenue and earnings in line with revised estimates but that Dell may lower its calendar 2001 revenue growth target to 15 percent from 20 percent, due to continued weak U.S. demand.
Analysts surveyed by First Call/Thomson Financial are expecting Dell to earn 19 cents a share, up from 15 cents during the year-ago quarter. Quarterly revenue is expected to reach $8.5 billion, up from $6.8 billion last year.
In recent action, shares of Dell (DELL: news, msgs) were up $2, or 8.7 percent, to $24.94.
Dell warned on Jan. 22 that it could miss its fourth quarter profit target by as much as 30 percent, due to the economic slowdown along with its own strategy to reduce prices to gain market share. At that time, Dell also lowered its sales projections for the fourth quarter
Die Zahlen selbst dürften eigentl. nichtmehr den großen "BAD-RUN" ergeben, da Dell bereits im Vorfeld eigentl. zur Genüge revidiert hat.
cu
MM
Dell confirms job cuts
H-P, Dell to release quarterly results Thursday
By Jason Margolis & Janet Haney, CBS.MarketWatch.com
Last Update: 11:55 AM ET Feb 15, 2001 NewsWatch
Latest headlines
Get Alerted
SAN FRANCISCO (CBS.MW) -- Dell Computer confirmed Thursday what many have been speculating for a while -- it's letting go 1,700 full-time employees. The news comes just hours ahead of its quarterly results, along with earnings from Hewlett-Packard.
Dell said Thursday afternoon that it is cutting about 1,700 regular full-time positions, primarily in administrative, marketing and product-support functions in its central Texas operations.
The Round Rock, Texas-based company said that at the end of its fiscal fourth quarter it had 22,000 workers in central Texas and 40,200 worldwide.
Investors and analysts will be keen to hear what else the company says during its fourth-quarter conference call Thursday afternoon. The Austin American-Statesman newspaper reported that Dell will indeed layoff 1,700 of its employees in Austin and Round Rock, Texas. See related story. The paper cited Round Rock city officials, as well as the mayor as its sources.
Earlier in the week, Salomon Smith Barney analyst Richard Gardner added fuel to the rumor, saying in a research note to clients that his sources indicate that the PC maker "does indeed intend to lay off some 3,000 to 4,000 employees, or 8 to 10 percent of the total work force."
Gardner pointed out that this move would help offset potential gross-margin declines.
Today on CBS MarketWatch
Tech stocks steal the show
Ciena blows past profit forecast
Prudential cuts Amazon.com rating to 'sell'
February weakness roils Schwab
Due Diligence: Starbucks as coffee version of McDonald's?
More top stories...
CBS MarketWatch Columns
Updated:
2/15/2001 11:12:58 AM ET
Separately, Salomon Smith Barney said it sees a potential slowdown for Dell. Earlier in the week, the firm said that it thinks Dell will report fiscal fourth-quarter revenue and earnings in line with revised estimates but that Dell may lower its calendar 2001 revenue growth target to 15 percent from 20 percent, due to continued weak U.S. demand.
Analysts surveyed by First Call/Thomson Financial are expecting Dell to earn 19 cents a share, up from 15 cents during the year-ago quarter. Quarterly revenue is expected to reach $8.5 billion, up from $6.8 billion last year.
In recent action, shares of Dell (DELL: news, msgs) were up $2, or 8.7 percent, to $24.94.
Dell warned on Jan. 22 that it could miss its fourth quarter profit target by as much as 30 percent, due to the economic slowdown along with its own strategy to reduce prices to gain market share. At that time, Dell also lowered its sales projections for the fourth quarter