EDS Sets Voluntary Retirement Offer
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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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The Instinet Group, owner of one of the largest electronic stock trading systems, is for sale, executives briefed on the plan say.
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PARAMUS, N.J. -- A group led by Vornado Realty Trust boosted its offer for Equity Office Properties Trust to $23.24 billion, or $56 per share, in cash and stock on Thursday, topping a private equity firm's buyout bid.
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The fall can be an anxious time for employees across the country, as companies hold their annual open enrollment periods and invite workers to choose benefits from a complex range of health insurance, disability coverage and retirement savings alternatives.
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TechWeb - Enterprise Voice Sites allows businesses to build and deploy pre-packaged IVR solutions on a pay-as-you-go usage model.
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The S.E.C. is now considering whether a different kind of auction will be allowed to set values on company income statements.
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The United Automobile Workers union has cracked open the door a little wider to the kind of deal on retiree health benefits that Detroit auto companies would like to see.
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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 fall can be an anxious time for employees, as companies hold their annual open enrollment periods and invite workers to choose benefits from a complex range of health insurance, disability coverage, and retirement savings alternatives.
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Act like an executive and negotiate a sweet severance package.
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Last week&#39;s disclosure by International Business Machines Corp. that it will close its traditional pension plans to new employees and give the new hires only a 401(k) plan is more than
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DALLAS, Sept. 9 -- Electronic Data Systems Corp. could cut 15,000 to 20,000 jobs -- more than 10 percent of its workforce -- over about two years to help reduce costs by about $3 billion, chief executive Michael H. Jordan said Thursday.
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Most employers that offered retiree health benefits this year will continue to do so in 2005. But the percentage of employers that are dropping retiree benefits for current retirees will rise to 11% in 2005
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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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PLANO, Texas - Electronic Data Systems Corp. said Tuesday it would offer early retirement incentives to 9,200 US workers, or 17.4 percent of its domestic work force, and expects to take a $150 million charge in the fourth quarter to cover the costs.
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These classic approaches can help fuel your retirement.
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Electronic Data Systems offered voluntary early retirement to about 9,200 US employees who are at least 50 years old, the world&#39;s second-largest technology services provider said Tuesday.