Archive for 'jobs' Category
HP plans 1,400 job cuts in Germany
HP plans 1,400 job cuts in Germany “Some 1,150 of the cuts are expected at the subsidiary Electronic Data Systems, while 250 jobs will likely come from the main company, said spokesman Norbert Gelse. HP, whose German base is near Stuttgart in Boeblingen, will work out a plan for the cuts with labor representatives over [...]
HP To Cut 24,600 Jobs
HP To Cut 24,600 Jobs: “Hewlett-Packard said the vast majority of the cuts would focus on eliminating overlapping jobs at EDS in corporate functions such as legal, accounting, information technology and human resources”.
HP to Acquire EDS for $13.9 Billion
HP Press Release: HP to Acquire EDS for $13.9 Billion HP and EDS today announced that they have signed a definitive agreement under which HP will purchase EDS at a price of $25.00 per share, or an enterprise value of approximately $13.9 billion. The terms of the transaction have been unanimously approved by the HP [...]
Telecommuting makes work worse for non-telecommuters
Ars Technica has a short study on how telecommuting makes work worse for non-telecommuters. It argues that, while telecommuting has liberated the chosen few, those left behind are disappointed with having fewer, weaker relationships and are frustrated with the perceived increased workload and difficulties of working with teleworkers. From a personal perspective, I have been [...]
Tax credit fraud hits Job Centres
Bad news for employees at job centres in the UK – their identities have been stolen and used to defraud the tax credits scheme. There’s no explanation how this has happened but an investigation is now underway.
Bangalored
“[Bangalored] refers to people who have been laid off from a multinational because their job has been moved to India—a business practice designed to save money that is arousing passions in some countries, especially Britain and the United States.” One may also be referred to as “Delhi-ted”.