<A HREF="http://www.usatoday.com/money/industries/technology/2008-04-03-dell-job-cuts_N.htm?csp=34">Dell plans to cut more jobs</A> than the 8,800 it earlier announced and has already eliminated 5,500 positions, Chief Executive Michael Dell said Thursday.

The CEO said the company will end the year with lower operating expenses than in the previous year. Dell, speaking to analysts at company headquarters in Round Rock, Texas, said job cuts are continuing in the current quarter and will exceed the target announced in May 2007.