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Computer maker Dell, which is nearing the end of nearly 9,000 job cuts, has asked employees to consider taking up to five days of unpaid vacation, is offering voluntary severance packages and has instituted a global hiring freeze.
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Elise Amendola / AP |
Chief Executive Michael Dell announced the moves in an email to employees on Monday.
Dell [DELL
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] aims to cut operating expenses in its fourth quarter, said company spokesman Jess Blackburn.
"The intent is to better position Dell for long-term competitiveness," said Blackburn. "We are asking employees on a voluntary basis to consider taking off (up to) five days...as unpaid time off as a flexible way to reduce costs for the company." Employees are being asked to take the time off in the next three months.
Dell wrapped up its third quarter on October 31. Its fourth quarter began Monday and ends on January 30, 2009.
Dell, the world's second-biggest computer maker behind Hewlett-Packard Co , has seen softness in global demand for personal computers because of the economic downturn.
The company reported a steep dip in second-quarter profit in August and said it would sharpen its focus on increasing marketshare in emerging markets such as India.
The Austin, Texas -based company said in August it cut 8,500 jobs out of a planned 8,900 headcount reduction to adjust its business for sluggish global demand.
Dell announced earlier this year it plans to reach annual savings of $3 billion in three years.
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