EDS shutting 21 US, European centres
Print storyCost cuts mean boost for India
Posted in IT Channel, 24th February 2005 16:56 GMT
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EDS will pull down the shutters at 21 facilities, including four in Europe, by the end of next year as it shifts more work to India.
The services giant plans to cut 17 centres in the US and four in Europe as it looks to shave another $1bn off its costs under its ongoing turnaround plan. The labour force reorganization should contribute around $200m to the $1bn target.
The reorganization of EDS’s applications operations will leave it with 17 centres in the US, eight in Europe and three in India.
According to Reuters, an EDS spokesman said that any job losses related to the reorganization would come through attrition and were already covered by the up to 20,000 staff lay-offs the company has already flagged up. ®
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