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Beleaguered Dell asks workers to take unpaid leave in latest effort to slash costs

A memo to all Dell employee from CEO Michael Dell asks workers to consider taking up to five days of unpaid time off to help prevent more layoffs. It’s the beleaguered PC box assembler’s latest effort to squeeze blood from a stone.

The Austin Business Journal reports, “According to spokesman David Frink, the memo from CEO Michael Dell says the new program calls for a temporary companywide hiring freeze, the elimination of contract employees, severance packages to those who depart voluntarily, and a voluntary furlough of one to five days. The memo also states that more layoffs may be necessary if the other elements of the program do not achieve enough cost savings. Frink declined to say how much money the company hopes to save via the program.”

Full article here.

[Thanks to MacDailyNews Reader “CheekyGit” for the heads up.]

Looks like Mikey’s going to have to make due with fewer painted craptop lids. But, what about Enderle’s yes-man, er… “consultant” fees? Hey, maybe Mikey can make it all up in volume?

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