EDS job cuts on the way

Internal memo tells the story

By John Oates • Get more from this author

Posted in Music and Media, 3rd March 2004 14:43 GMT

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Services giant EDS is about to start cutting jobs in the UK

According to an internal memo seen by El Reg, the company is looking for redundancies in its UK Solutions Centres.

The memo, sent to staff on Monday, said: "EDS needs to increase its cost competiveness in order to stabilise and grow out business."

It continues:"Over the last few months we have been very carefully analysing our future known work forecasts against our current headcount and have identified that a reduction in staffing levels is required within the UK Solution Centre organisation. This reduction will enable us to carry on meeting our client's expectation of delivery excellence and continue to contribute to EDS' necessary financial recovery targets. To that end we will be commencing a restructuring programme within the UK Solution Centre organisation with immediate effect."

Redundancies start immediately and staff concerned about their personal situation are advised to consult their line manager.

EDS is under investigation in the US by the Securities and Exchange Commission over a $9bn network deal with the US Navy. ®