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Dell laying off workers at Forsyth plant

Wednesday, March 11, 2009
(Updated Thursday, March 12 - 5:43 am)

Dell began meeting with employees today about layoffs at the company's operations around the globe, including its Winston-Salem plant.

But the company is being hush-hush concerning specifics, such as the number of people losing their jobs and where they work.

"We did start informing employees at various organizations and various parts of the globe today," Dell spokesman Venancio Figueroa said. "It goes back to streamlining our business for more than a year now."

Those efforts included laying off employees during the past year in certain pockets of the company, reducing travel, asking employees to leave voluntarily and capping salaries.

Figueroa declined to say what the future holds for Dell's Winston-Salem plant, which opened in 2005.

"I'm certainly not going to speculate on the future," he said. "All I can tell you is we're going to continue to evaluate all operations."

In February, Dell says, its profit dove 48 percent in the fiscal fourth quarter as the recession has taken a toll on the computer market.

In North Carolina, Dell received an incentive package from the N.C. General Assembly in 2004 with up to $225 million in tax credits spanning 15 years.

In return, the company was expected to create at least 1,500 jobs and invest $100 million over five years.

Contact Mike Fuchs at 373-3465 or michael.fuchs@news-record.com

 

 

Accompanying Photos

File photo (News & Record)

Photo Caption: Gov. Mike Easley (left) and Michael Dell in 2005.

Comments

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Paul J

March 11, 2009 - 11:43 am EDT

They should give the stockholders their money back and close the doors. Dell is a has been.

123456789

March 11, 2009 - 1:43 pm EDT

It's ignorance like yours that has caused this economy to be in the condition it is in. People are in jeopardy of losing their jobs. Have some civility!

dfayers

April 11, 2009 - 5:11 pm EDT

No, the average person has nothing to do with this recession. This problem is the result of an absentee government, away on daydreams, while corporations overextended themselves to make a few extra bucks. Thanks, President Bush.

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