EDS: 20,000 Job Cuts Over Next 2 Years
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Electronic Data Systems Corp.  EDS.N, one of the world's biggest computer services company,  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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The U.S. government needs to hire up to 193,000 employees in the next two years and will face a difficult task competing with the private sector for qualified employees, according to a report released by a nonprofit group on Tuesday
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New York (Dow Jones) -- American Express Co. said Friday it will cut 2,000 jobs, or 2.5 percent of its work force, in a restructuring designed to save more than $75 million a year before taxes.
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The Labor Department reported Friday that the 2.2 million new jobs created in 2004 were the most in any year since 1999, when employers added 3.2 million positions, based on a government survey of businesses.
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Job cut announcements by US employers totaled more than 100,000 for a second month in October, suggesting companies may trim work forces in anticipation of fewer orders, a private survey found.
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The BBC today confirmed plans to axe 2,900 jobs over the next three years under moves to make savings of Â£320 million. In a special message to staff, director general Mark Thompson said
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The blood-letting continued yesterday at AT&amp;T as the once-mighty phone company announced it has increased the number of layoffs to 20 percent of its workforce, or 12,300
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Ford Motor Credit, the financial arm of   Ford Motor Co. F.N on Thursday said it would cut 2,000 jobs   -- almost a quarter of its staff in North America -- and close   59 U.S. branch offices over the next year in order to cut   costs.
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Business & money: Closure plans put up to 2,800 jobs at risk.
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Countrywide, the biggest US mortgage lender, will cut up to 20% of its staff, as business slumps.
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Rolls Royce is planning to slash more than two thousand jobs worldwide, including many in the UK
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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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The U.S. government plans to hire  nearly 150,000 people in the next two years, but most will  replace existing workers while an aging workforce will  intensify competition from the private sector, a study released  on Wednesday showed.
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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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Electronic Data Systems Corp. , the second-largest computer-services company, plans to offer early retirement to 12,000 employees, a quarter of its US workforce, after orders plunged last quarter.
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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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Yahoo is likely to cut hundreds of jobs later this month, report says.