EDS May Cut 15,000 to 20,000 More Jobs
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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 has offered voluntary early retirement options to about 17%, of its U.S. employees and will take a pretax charge of about $150 million in the fourth quarter as a result of the move.
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- Motorola Inc.  said it expects to cut an additional 4,000 jobs as it continues to lower costs.
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DALLAS - Troubled technology giant Electronic Data Systems Corp. could eliminate 15,000 to 20,000 jobs - up to one-sixth of its work force - in coming years to help reduce costs by about $3 billion, chief executive Michael H...
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Early retirement for 12,000 US staff EDS is offering a quarter of its US staff early retirement as it seeks to move more and more of its operations to cheaper territories.â¦
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Facing continued top-line weakness, the company may have to cut costs.
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By George Avalos, Contra Costa Times, Walnut Creek, Calif.  Jan. 30--Despite the East Bay's steadily expanding economy, a fresh round of job cuts totaling in the hundreds looms over East Bay work sites, employers confirmed Monday.
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SBC Communications, one of the biggest US phone companies, is planning to cut more than 10,000 jobs, or about 6% of its workforce, by the end of next year.
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Electronic Data Systems Corp. (EDS (Profile, Products, Articles)) could be facing more rough waters with its $8.8 billion US Navy contract, as the IT services provider delayed
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By PULLAR-STRECKER Tom  COMPUTER services giant EDS hopes to add a green tinge to its somewhat grey image in New Zealand and Australia.
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Industry analysts expect close to 10,000 job cuts in the coming weeks so that the workers can be removed from AT&T's books by the end of the year.
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CHICAGO -- United Airlines said yesterday further job cuts will be necessary as it continues slashing costs to get out of bankruptcy.
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With sales of its top medical devices continuing to drop, Boston Scientific Corp. plans broad job cuts that could affect its Massachusetts employees, a spokesman said yesterday.
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Lehman Brothers analyst Blake Bath said in a research note earlier this week that SBC might reduce its workforce by 10,000 to 20,000 to bring its costs in line with those at other dominant local telephone companies, such as Verizon Communications Inc.
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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 regain its competitiveness.
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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 20,000 jobs over the  next two years and will take a fourth-quarter charge.
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Yahoo is likely to cut hundreds of jobs later this month, report says.