EDS (Electronic data system)

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
15,000 - 20,000 jobs
Number of planned job losses
Job loss
Announcement Date
13 September 2004
Employment effect (start)
Foreseen end date
31 December 2006

Description

EDS, second IT services company worldwide, has announced the redundancy of 15,000 to 20,000 people within two years in a drive to reduce costs by 3 billion dollars per year.

Sources

  • 13 September 2004: Les Echos

Citation

Eurofound (2004), EDS (Electronic data system), Internal restructuring in World, factsheet number 60710, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60710.