Dell Reports Better-Than-Expected Profit - New York Times

A metamorphosis milestone for Dell... 

Dell said yesterday that it would lay off 10 percent of its 88,100 employees over the next 12 months as it tries to increase profit. The computer maker also said that lower component costs and higher selling prices helped it produce stronger-than-expected earnings in its first quarter.

Dell Reports Better-Than-Expected Profit - New York Times