Word: delling
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...Dell, the computer maker, hacked 6,000 of its 40,000 jobs over the past year. During that period, Dell has grown its revenues, profits and market share--thanks in part to the lower prices it could offer because of shrunken payrolls. "A lot of us are unhappy, but what are we going to do--go somewhere else?" says a longtime employee of the company, which is based in Austin, Texas. The computer industry ranks second after telecommunications in layoffs this year, according to Challenger, and that limits disgruntled workers' options...
Agilent Technologies, a Palo Alto, Calif., electronics and tech manufacturer, made Fortune's 100 Best Companies to Work For this year--despite having announced 20% job cuts of 8,000. At the time, employees rallied around management to fight to save the company. But unlike Dell, Agilent continues to struggle, and the surviving workers are feeling the strain. Steve Peterson, 55, a global online-support manager, says, "We are just really working hard and are discouraged that things are not better...
...ghost-work stress with a single stone: unpaid vacations. Since BellSouth offered unpaid leave to its 80,000 remaining employees in July, almost half have grabbed it--saving the Atlanta-based telephone company $14 million in payroll costs. Some firms, though, have made unpaid vacations mandatory. Last year Dell demanded that workers take one-week vacations without pay. "That had a lot of people grumbling," says an employee...
Most people--oh, let's just say it--most normal people find Steven, the Dell computer pitchman, extremely irritating and would rejoice at never again having to hear him say, "Dude, you're getting a Dell." But others--and not just shut-ins --are curiously attached to Steven (played by Ben Curtis). These people turned inconsolable last week upon hearing murmurs that Dell was retiring him from its campaign. The "Paul is dead"--like controversy erupted when Dell unveiled new ads and only one featured Steven. Dell explained that it was simply trying out a few new options and that...
...immediately con-tagious. First to feel the effects was the shipping industry, whose intricate schedules quickly plunged into chaos. Manufacturers' supply chains were the next to buckle. Honda, for example, halted production at its U.S. auto plants due to a shortage of parts, while suppliers to Sony and Dell were forced to ship critical components by air, an expensive stop-gap solution. Thousands of cars en route to the U.S. were among many Asian exports stuck idling offshore on cargo vessels or parked on Hong Kong and Singapore docks...