Choosing the bottom line over the slice of pie
Posted on October 21, 2009 at 10:03 amMTSU’s Don Roy says Michael Dell has the right idea in putting profits over volume.
Building market share to the insecure guy who buys rounds of drinks for everyone at a bar. He has lots of friends (i.e., market share) as long as the drinks are flowing. When his fortunes change and the money to buy drinks is gone, so are many of his friends. At that point, the money the poor guy has little to show for his investment.
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Dell shutting down Raleigh plant
Posted on October 8, 2009 at 7:21 amThe computer maker — which recently signaled just how confident it is about future success in that business — will in January shut the doors to its 900-worker plant in Raleigh, N.C. The slimmed-down Nashville operations of the once-high-flying company appear to be safe while the folks in Carolina fret about the fate of more than $300 million in incentives.
SEE ALSO: Background on Dell, including its local cutbacks over the past year
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Dell to buy IT services firm
Posted on September 21, 2009 at 8:15 am
The computer maker has signed a deal to acquire Perot Systems for almost $4 billion, a move that will boost its IT services revenue by $2.5 billion annually. Shares of Dell (Ticker: DELL) are off about 4 percent in pre-market trading.
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Dell’s strength has become its weakness
Posted on August 18, 2009 at 7:04 am
And a Zacks analyst (who does seem to have forgotten that Kevin Rollins left as CEO more than two years ago) says not being willing to adapt could lead the one-time PC high flier down a dark path.
Despite these pressures, Dell refuses to adapt a business model to suit current market dynamics. While most of its competitors have attuned themselves suitably, Dell continues to stick with its supply chain management policy and direct sales model.
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Lebanon, Dell may meet in court
Posted on June 5, 2009 at 8:57 amCity officials are frustrated with the lack of information from the computer maker and say they are contemplating suing the company (Ticker: DELL) over the job cuts at its plant there.
“A 40-year-old deal is a contract. You stay around and continue to have jobs and be a good corporate citizen,” says Farmer.
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Dell slips a spot
Posted on April 16, 2009 at 10:44 amFor the first time in eight years, Dell is not the largest shipper of PCs in the United States.
Dell was severely challenged by tough competition in the retail space. This, combined with the weak U.S. professional market, dropped Dell into the No. 2 position in the overall U.S. market. Acer’s strong growth was fueled by low priced mobile PCs, its solid presence in the retail space, as well as in channels.
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Dell expands Ideastorm concept
Posted on April 6, 2009 at 1:16 pmTheir original Ideastorm project was about giving voice to a community to better improve Dell products and services. Ideastorm for Healthcare gives a specific community a place to come and talk about things from their perspective.
Take note of this idea. They’ve given voice to a segment of their community that matters to them. It’s obviously the sign of things to come, and not a bad way to show that you’re listening. It’s also great for your product marketing teams as well as better customer service.
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Dell hits up bond market
Posted on April 1, 2009 at 11:31 pmThe computer manufacturer has sold $500 million of debt due in 2014 and filed to raise an unspecified amount in the near future.
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Should Dell give the breaks back?
Posted on March 19, 2009 at 7:03 pmFrom WSMV:
When Dell Computer opened a factory in Lebanon, it said it would create 1,000 new jobs. But fewer than 300 people work there now, and now some public officials are asking why the company is still getting a tax break.
Dell used to be a humming computer factory, but it’s a shadow of its former self. Last week, the company announced more layoffs. It won’t say exactly how many, but a representative for Dell confirmed the Lebanon plant now has only 250 to 300 workers — about a third of its former workforce.
That’s causing a stir among city officials who gave Dell a 40-year property tax break to move to Wilson County.
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Dell laying off workers around the world
Posted on March 11, 2009 at 2:04 pmWill Nashville workers be among the sacked? WKRN gets the definite maybe:
We’ve been streamlining our business for more than a year and said as recently as two weeks ago that we’d continue to do so. We’ll confirm that Dell is reducing its global workforce as part of its ongoing initiative to remain competitive. Workforce reduction is difficult, but this is a deliberate part of Dell’s ongoing focus on competitiveness. We recognize the reduction is significant for affected and other employees, and are working to minimize consequences. Affected employees will be offered competitive severance packages, including career counseling and outplacement services.
UPDATE: Nashville workers among those getting the chop.
Dell pulls jobs out of Wilson County
Posted on January 28, 2009 at 2:54 pmFrom WSMV:
The company is moving 300 jobs from its manufacturing site in Lebanon to Nashville.
Dell expects most of the workers to make the move, but officials said some may choose to leave the company.
Friday will be the last day of work in Lebanon for those affected.
Dell settles deceptive marketing claims
Posted on January 12, 2009 at 1:13 pmThe computer maker has reached an agreement with 34 state attorneys general and will pay more than $3 million to settle allegations of dodgy financing and warranty practices.
“It’s time for a reboot of Dell’s customer service system,” Washington Attorney General Rob McKenna said. “Our agreement requires disclosures to prevent future communication breakdowns and ensures that customers who are owed money are promptly paid.”
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The luck of the Irish
Posted on January 8, 2009 at 7:48 amDell moves jobs to Poland:
Dell, the American computer giant, today delivered a further blow to Ireland’s faltering economy when it announced plans to axe 1,900 jobs and shut down production in Limerick, its largest manufacturing plant outside the US.
The US multi-national confirmed it will end production at its Limerick factory in favour of a new facility and cheaper workforce in Poland. Dell said the move was part of a $3 billion global cost-cutting drive announced last year.
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Dell cost cuts taking hold
Posted on November 21, 2008 at 11:37 amBut demand is still slowing. The computer maker, which employs about 1,000 people in Nashville, yesterday reported that third-quarter earnings fell 5 percent from a year ago but easily topped estimates.
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