HP, which just acquired EDS, announced today that they're laying off 24,600 people as a result of the merger. It'll be over three years, and half of it will be overseas.
The action comes as no surprise. Companies always lay off worker bees when the leaders can't hack it. The mealy-mouthed words they used to describe the action --"we undertake it with gravity and deliberation" -- weren't a surprise, either. The volume, though -- that's pretty amazing. It's roughly eight percent of the combined company. I'd expect that the bulk of the yeah, it was nice, bye people will be from EDS. We don't know if we'll be affected.
First Palin, and now this. Holy hell.
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