Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Public Council Teleconference: Application Rationalization — Hidden Costs and Smart Decisions
November 17 at 11:00 am US/Eastern (GMT-5)
Join Honorio Padrón, of The Hackett Group, who will share the drivers for companies to tackle application rationalization and the results of research that define the hidden cost of complexity. Additionally, we will discuss key decision milestones—to start or not, holding the course steady and fulfilling expectations.
Virtual Desktop Cost-Benefit Analysis — Michael Jacobs, Catlin Group
The analysis contained in this presentation measures the cost of everything from the machines and licenses to the infrastructure for virtual vs. traditional desktop environments.
Honor your best senior team members - Apply for the CIO Ones to Watch Award
Get well-earned public recognition for your top up-and-coming team members, your IT organization and your enterprise. Award winners will be announced, publicized and feted in May 2010, great timing to help attract new IT recruits to your company.
Learn more about the CIO Executive Council »November 04, 2008 — IDG News Service —
Dell hopes it can better weather the economic storm by implementing a number of new cost-cutting measures, including an enhanced severance package for employees who voluntarily leave the company.
Within the next couple of weeks, employees will be able to apply for a voluntary separation plan under which they can leave the company and receive a severance package that is better than Dell's regular offer, said David Frink, a Dell spokesman.
In addition, Dell is offering employees voluntary unpaid time off from one to five days during the company's fourth quarter, which stretches from November through the end of January.
The company also plans to reduce the number of contractors and temporary employees on its books, but Frink declined to say by how many.
Dell has also put a short-term hold on global hiring, he said.
"It's based on being a prudent company and to better position Dell for competitiveness during a time of economic uncertainty," he said.
Dell is not providing a monetary figure for the savings it expects to realize from these moves, nor a savings target that it might be trying to reach, he said.
CEO Michael Dell outlined the plan in a memo he sent to employees on Monday.
In addition to the changes to its workforce, Dell has reprioritized some projects and spending, and reduced travel budgets across the company, Frink said. It will also reduce outside-services spending on noncritical projects, he said.
The moves follow a decline in profits but an increase in revenue for Dell's fiscal second quarter. Economic woes in the U.S. and western Europe were a drag on its earnings, Dell said at the time.
Dell has just about finished laying off 8,800 workers, as announced in May 2007. The current cost-cutting plan does not include further layoffs, Frink said.