24, 600 jobs to go!!!

[Francko]

Anyone at EDS

"to create a global workforce that has the right blend of services delivery capabilities to address the diversity of its markets and customers worldwide."

[TykeMerc]

I'm quite glad I turned down an EDS job on Monday morning in the light of this

[ratewhore]

Cutting 24,000 permie roles and then back filling with contractors as and when they are needed could actually boost the contract market.

True, but it also put thousands of people into the market, contract or perm. Consequently pushing rates down...

[scooterscot]

EDS has to be the most unfortunate company I've ever had the pleasure to come accross. Never worked for them however clients of mine that used them had nothing but problems.

[Jammy B*st*rd]

I thought most of the redundencies were supposed to be in like, HR, the Legal Department, etc, in america?

[chef]

the last contract i had EDS were in the chain, all involved on the project were called in and the EDS HP buyout was announced

all EDS staff instantly began with the usual "well they cant get rid of me because I am in charge of <insert ridiculously outdated permie task that can easily be replaced with a decent system or process>"

oh dear

p.s I spoke with the EDS PM last week and suprisingly everything is on track for now

[stackpole]

I guess this could have as big an effect on the IT contract market as the banks going under.

Yes, how are we going to compete with all those sharp-as-a-tack EDS consultants?

[Fairly New graduate]

Support staff

Its mainly support staff as HP wont need two lots of all the support functions like two HR teams and two legal team. Billable staff should be ok.

[DaveB]

Hewlett-Packard Co. (HPQ:US): The world's largest maker of personal computers said it plans to cut about 24,600 jobs over three years as part of its integration of Electronic Data Systems Corp.

I guess this could have as big an effect on the IT contract market as the banks going under.

Depends on how they do it. Cutting 24,000 permie roles and then back filling with contractors as and when they are needed could actually boost the contract market.

They cut overheads and shift project staffing costs onto the clients.

[ace00]

Hewlett-Packard Co. (HPQ:US): The world's largest maker of personal computers said it plans to cut about 24,600 jobs over three years as part of its integration of Electronic Data Systems Corp.

I guess this could have as big an effect on the IT contract market as the banks going under.

[daviejones]

Actually it's 24,600 jobs are to be moved:

To the dole queue...;-)

[bobhope]

Actually it's 24,600 jobs are to be moved:

Unless the half-and-half figure is purely a coincidence, this sounds like HP's restructuring plan is largely about shipping American EDS ops overseas.

[daviejones]

Anyone at EDS