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Downturn Derails Dell's Turnaround

Cost-cutting kills off plans for flashy new product lines

By Rob Quinn,  Newser Staff

Posted Nov 28, 2008 8:17 AM CST

(Newser) – Shifting consumer demand and the sagging economy spell trouble for Dell's turnaround strategy, the Wall Street Journal reports. Founder Michael Dell had been making progress since returning to the company last year with a two-pronged rescue plan, but weak sales mean his goals of cutting...   Read full story »

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