EDS may cut 20,000 workers:U.S. layoffs would be over 2 1/2 years; firm ey

[Judi Lynn]

EDS may cut 20,000 workers

U.S. layoffs would be over 2 1/2 years; firm eyes global growth


01:23 AM CDT on Friday, September 10, 2004


By CRAYTON HARRISON / The Dallas Morning News



Electronic Data Systems could shed 15,000 to 20,000 employees – about 13 to 17 percent of its workforce – in the next 2 ½ years, chief executive Michael H. Jordan said Thursday.

The computer services giant, based in Plano, is still evaluating which jobs to cut and didn't offer specifics on which employees might be affected. The company has more than 120,000 workers, including about 7,700 in the Dallas area.

EDS probably will continue its pattern of cutting its U.S. headcount while it spreads out to other parts of the globe, spokesman Jeff Baum said. Mr. Jordan's estimate is rough and could change as the company's cost-cutting plan evolves, he said.
(snip)

EDS is fighting to make one of the many comebacks that have defined its up-and-down history since the company's founding in 1962 by Ross Perot.
(snip/...)

http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/091004dnbuseds.fe9193bc.html

[Sugarbleus]

1. Ross Perot's old company??? I thought he was against

outsourcing and offshoring and NAFTA etc. ??? What's up with that?

Hoo boy, I only know one rabid repub family and one in the family works for that outfit. Perhaps this will change their minds about voting for bush with his "anything goes" economics.

[pinniped]

2. eBay has jobs for all of them!

http://news.yahoo.com/news?tmpl=story&u=/ap/20040910/ap_on_el_pr/cheney_ebay_4

Indicators measure the nation's unemployment rate, consumer spending and other economic milestones, but Vice President Dick Cheney (news - web sites) says it misses the hundreds of thousands who make money selling on eBay.

"That's a source that didn't even exist 10 years ago," Cheney told an audience in Cincinnati on Thursday. "Four hundred thousand people make some money trading on eBay."

[Judi Lynn]

3. Poor, sick thing! Edwards got him good.

How wildly befuddled does _Cheney think we are, anyway?

[Moderator]

4. Duplicate

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=814401