LayoffBlog.com

December 22, 2008

Unisys slashes 1,300 jobs

According to Reuters: “IT services company Unisys Corp said Monday it will slash 1,300 jobs, or more than 4 percent of its work force, and suspend matching contributions to its U.S. 401(k) plan as it moves to cut $225 million in costs.

In addition, Unisys said it will forgo salary increases in most of its markets next year.

A company spokesperson said the job cuts would be worldwide but did not give further detail. The headcount reductions have already begun and will continue into 2009. Unisys also plans to consolidate facilities.”

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: