By Spencer at 10:30 AM CST
In an effort to reduce costs, Dell is now asking many of its employees (nicely) to take a week’s vacation, unpaid. This was part of a memo from Michael Dell, Dell’s CEO, who sent a company-wide email to all employees detailing his plans to reduce costs this quarter (which ends in January, incidentally.)
Some have cried foul, but a week’s vacation to reduce Dell’s costs is much preferred to a layoff overall. Anyone in business knows that labor is (usually) the most costly part of any organization, which is why companies usually downsize before selling assets. Dell’s move is simply a sign of the economic times. Newly elected Barack Obama (congrats to him, by the way) has his work cut out for him, for sure.
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