Company employs about 5,000 in Ireland
Company with presence in Ireland since 1990 currently employs about 5,000 in Cork, Limerick and DublinDell's offices in Cherrywood. The company says it is to eliminate around 5 per cent of roles worldwide, roughly 6,600 based on its most recent publicly stated employee numbers, as it faces plummeting demand for personal computers. Dublin. Photograph: James Horan/RollingNews.
In it, he said that company had already implemented a pause on external hiring, limited travel and reduced its spend on outside services spend but that the measures “are no longer enough. We now have to make additional decisions to prepare for the road ahead.”He went on to outline a number of structural changes to be undertaken and said that these would necessitate the job losses.
Minister for Enterprise Simon Coveney is currently in the United States for a series of meetings with major companies at which it is intended he will make the case that Ireland remains an attractive place for major overseas employers to do business in. Dell shares, down almost a third in a year, fell 0.6 per cent in premarket trading amid a broader slump in US equity futures.
Mr Clarke told workers that previous cost-cutting measures, including a pause on hiring and limits on travel, are no longer enough. The department reorganisations, along with the job reductions, are viewed as an opportunity to drive efficiency, according to a company spokesperson said.Brendan Burgess joins the podcast to explain his critique of Central Bank policy on mortgage interest rates.