LayoffBlog.com

January 7, 2009

EMC Will Reduce Work Force by 7 percent

Data-storage firm EMC Corp. (NYSE:EMC) will cut 2,400 positions (7% of its work force) as part of an effort to reduce costs by about $350 million in 2009 and $500 million in 2010.
The restructuring plan will streamline costs to its information infrastructure business and doesn’t include VMware Inc. VMware’s parent company, EMC, owns 85% of the company’s stock, according to WSJ

By rumors, the most job cuts are planned in the company’s IT sector

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.”

December 16, 2008

India: Mass IT Layoffs in December 2008

According to LayOffBlog.com information from different sources:

Mastek Ltd (Mumbai, India): 200 positions lost  (75% in recruitments);

Zapak (Mumbai, India): 45 positions (about 25% of total workforce);

Tanla Software Solutions (Hyderabad, India): 200 IT consultant, PM positions (about 50% of total workforce);

Wipro Technologies (Bangalore, India): 1400 IT consultants will be affected;

JBA Infotech Pvt Ltd (Bangalore, India): to cut 75 IT consultant positions;

Gupta Equities Pvt Ltd (Bangalore, India): 50 IT and Sales employees will be affected;

HP-STSD (Bangalore, India): 350 management positions will be eliminated;

Infor Global Solutions (Bangalore, India): 60 full-time positions (IT, mid-level management) will be cut.

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