The company may fire about 3,000 people, or about 8 percent of its workforce, said Ashok Kumar, an analyst at U.S. Bancorp Piper Jaffray. A Dell spokesman declined to comment. Shares of Computer Associates International Inc . fell 12.8 percent Monday as investors reacted to a report calling into question the company's accounting standards. In a conference call, officials at the Islandia, N.Y.-based software company defended its accounting practices. The New York Times published a story Sunday alleging that Computer Associates has overstated its revenue and cash flow in recent years.
Phoenix is hot.
Wednesday in Business.