News for 'electronics-data-systems-corp'

HP pay cuts not to affect ex-EDS employees

Rediff.com2 Mar 2009

HP employs around 60,000 people in India, including former employees of EDS, which it had acquired for $13.2 billion in May last year. However, a good number of EDS India employees who were transferred to HP India will not be so lucky, industry sources said. "HP CEO Mark Hurd's plan to effect pay cuts between 2.5 per cent and 5 per cent will affect all EDS employees who were moved to HP," an industry source added.

Mphasis supports EDS's $380 mn offer

Rediff.com4 Apr 2006

MphasiS serves clients in multiple industries, including financial services, transportation, technology and health care.