eds acquisition - News, Features, and Slideshows

News about eds acquisition
  • HP cuts pay, benefits after poor financials

    HP chairman and CEO Mark Hurd this week said the vendor would reduce base pay and some benefits across the company in the wake of disappointing earnings and in an attempt to stave off mass layoffs.

  • HP announces 24,600 layoffs in wake of EDS acquisition

    Hewlett-Packard will lay off about 24,600 employees over the next three years in an effort to streamline the company following its US$13.9 billion acquisition of Electronic Data Systems last month, the company announced Monday.

  • Closing of EDS deal brings HP closer to rivals

    Hewlett-Packard closed on its US$13.9 billion acquisition of Electronic Data Systems Tuesday, marking the computer maker's largest deal since its purchase of Compaq Computer in 2002.

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