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Dell to save $3 billion, shut Austin plant, cut jobs (Reuters)

Dell Chairman and Chief Executive Officer Michael Dell listens during an event to celebrate the company's 10 years of operations in China at a hotel in Beijing March 20, 2008. (Claro Cortes IV/Reuters)Reuters - Dell Inc said on Monday
it plans to save $3 billion annually over the next three years
by closing its Austin, Texas desktop computer manufacturing
plant and cutting thousands of jobs.

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