EDS chief hints at thousands more job cuts
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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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The head of United said today the airline's restructuring plan would lead to a significant number of job losses, but it was not clear how many.
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The co-chief executives of Airbus  parent company EADS said there was no alternative to thousands  of job cuts at the troubled European planemaker and warned that  strikes would only make things worse.
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DALLAS Electronic Data Systems, the beleaguered technology company, may cut as many as 20,000 jobs in coming years, its chief executive, Michael Jordan, has told investors.
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The British oil giant said it would cut an additional 5,000 jobs by the middle of next year in an effort to slim management and make the company more efficient.
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Company plans to cut up to 7000 jobs this year as it transitions to digital technologies.
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The head of UAL Corp.'s United Airlines said on Thursday the airline's restructuring plan would lead to a significant number of job losses, but it was not clear how many.
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The airline may be planning 6,000 more job cuts as it attempts to lure business travelers.
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Electronic Data Systems Corp., the world&#39;s second-largest seller of computer services, may cut as many as 20,000 jobs to help save $3 billion within the next three years, Chief Executive Officer Michael Jordan said.
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Deutsche Telekom, which has already announced that it would eliminate 32,000 jobs, plans to cut even more, chief executive Rene Obermann said Monday in an interview.
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Business & money: Owner outlines his strategy to revive label in face of growing opposition to plans to cut up to 2,000 jobs
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The electronics company head suggests that we may soon see an
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Yahoo Inc is planning to announce cutbacks later this month that will likely lead to hundreds of job losses at the nearly 14,000 employee company, a source familiar with the plan said on Monday.
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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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Global IT services powerhouse EDS extended it contract with Opsware (Quote, Chart) for data center automation software and services, the company said Tuesday.
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The British oil giant said it would cut an additional 5,000 jobs by the middle of next year as part of a plan by the chief executive to slim management and make the company more efficient.
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Randy Falco, who was named AOL's chairman and chief executive in an unexpected shuffle atop the company last week, said yesterday that he plans to bring more discipline to operations but does not foresee layoffs beyond those that recently cost about 1,000 jobs at the Dulles headquarters.