Dell CEO says computer maker is committed to reducing costs

ROUND ROCK, Texas (AP) - Dell Incorporated founder and CEO
Michael Dell says the world's No. 2 computer maker is committed to
reducing costs and improving the company's competitiveness.
He made the comment at the Round Rock-based computer maker's
first full analyst meeting since 2005. Dell addressed the ongoing
turnaround of the computer giant, which was eclipsed as the world's
largest personal computer maker in 2006 by Hewlett-Packard.
He says company leaders have "identified a very significant
opportunity here and are aggressively going after it." He says
that leadership is "not satisfied with the current state of
affairs, and we are on a mission to address this."
Dell aims to cut 3 billion dollars in costs over the next
several years to boost profits. The company this week announced
plans to cut 900 jobs in the Austin area by closing a plant, and
also reaffirmed the plan announced last year to slash nearly 9,000
jobs.

(Copyright 2008 by The Associated Press. All Rights Reserved.)