EDS expected to slash 20,000 jobs
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Electronic Data Systems (EDS), one of the world&#39;s biggest computer services companies, is likely to cut up to 20,000 jobs over the next two years, the company&#39;s chief executive said.
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The AT&amp;T Corporation, the nation&#39;s largest long-distance provider, said yesterday that it would eliminate more than 20 percent of its work force this year and write off $11.
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But only 1 in 10 will get the golden ticket EDS has told its staff that it plans to make up to 250 job cuts by the end of this month.â¦
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LONDON - The British Broadcasting Corp. will cut nearly 3,000 jobs in a drive to reduce costs, the company reported Tuesday. Most of the cuts will be in administrative departments, and some operations will
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RadioShack Corp. , the  struggling consumer electronics retailer, on Friday said it  expects to incur about $20 million of costs in connection with  its previously announced reduction of 400 to 450 jobs, mostly  at its headquarters.
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Electronic Data Systems Corp.  EDS.N, one of the world's biggest computer services  companies, is likely to cut up to 20,000 jobs over the next two  years, the company's chief executive said on Thursday.
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Telecommunications gear maker  Alcatel-Lucent  could cut more than 20 percent of its  world-wide staff, L'Expansion weekly said on Tuesday on its  Website, citing industry sources.
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Nearly 200 staff take voluntary redundancy EDS told The Register today that it has axed around 250 jobs following its limited voluntary redundancy plan offered to more than 2,500 UK-based staff last month.â¦
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The record label EMI is planning to cut as many as 2,000 jobs as part of a restructuring strategy.
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AT&amp;T Corp. Chief Executive Officer David Dorman is accelerating his plan to shed 20 percent of the telephone company&#39;s work force in an effort to reduce costs and stem a slide in profit.
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AT&amp;T Corp. will cut more than 20 percent of its workforce this year, ratcheting up its planned layoffs from a previously estimated target of 8 percent, the long-distance telecommunications carrier announced Thursday.
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US IT services giant EDS Corp., which employs about 1,400 staff in Ottawa, may cut up to 20,000 jobs over the next few years as it attempts to reduce costs by US$3 billion.
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DALLAS - Electronic Data Systems Corp. could cut 15,000 to 20,000 jobs - up to one-sixth of its work force - over about two years to help reduce costs by about $3 billion, chief executive Michael H...
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Electronic Data Systems  on Tuesday  made a voluntary early retirement offer to about 9,200 U.S.  employees as part of its plan to reduce up to 20,000 jobs over  the next two years to cut its costs.
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US Airways plans to cut its executive payroll by 20 percent, reducing pay and benefits for its 3,000 managers and eliminating positions, said a newspaper report Wednesday.
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The record label EMI is reported to be planning to cut as many as 2,000 jobs as part of a restructuring plan.
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Automaker BMW AG said Friday that it plans to cut thousands of jobs next year to reduce costs. via North County Times