Dell to cut $2 billion costs, counts on acquisitions
Dell to cut $2 billion costs, counts on acquisitions
(Reuters) - Dell Inc plans to slash more than $2 billion in costs over the next three years, primarily from the supply chain and sales group, as it sharpens its focus on the technology needs of corporations. The shares of the No. 2 U.S. PC maker, which plans to pay its first dividend to shareholders this year, rose about 4 percent on Wednesday before giving up some of the gains. They remain down 15 percent in 2012, suppressed by disappointing quarterly earnings and fears that mobile devices are eroding PC spending. ...
//news.yahoo.com/dell-cut-2-billion-costs-counts-acquisitions-194755635--sector.html
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