Blogger :
Total Bankruptcy
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All posts by Total Bankruptcy
Category :
Bankruptcy
Blogged date : 2007 Jun 01
Dallas
Texas’ Dell Computers has announced it will lay off more than 8,000 employees over the next year as part of an ongoing restructuring. Losing a job is a leading cause of filing for Chapter 7 or Chapter 13 bankruptcy. Dell claims it needs to lay off thousands employees due to falling earnings. Dell said it earned $759 million (34 cents per share) in the first quarter of this year, compared with $762 million (33 cents per share) during the same quarter last year.