Technology giant Hewlett-Packard said overnight that it would chop about 24,600 jobs, or 7.5 per cent of its total workforce following its US$13.9 billion acquisition of Texan IT services firm Electronic Data Systems.
Hewlett-Packard will cut the pay of its employees globally, according to an email sent to staff by chief executive Mark Hurd this morning.
Hewlett-Packard said Tuesday it will acquire computer services firm EDS for US$25 per share, or US$13.9 billion, in a deal intended to boost HP's services revenue.
EDS Australia's heavily unionised workforce has not yet started airing any issues associated with the Texan outsourcing giant's US$13.9 billion acquisition by Hewlett-Packard, according to a key union representative.
A German union is encouraging Hewlett-Packard employees not to go along with a voluntary cost-cutting plan that asks them to take a pay cut or forfeit vacation days.
HP releases new server speed-test results that for the first time compare its version of Unix with Windows on the company's top-end Itanium server--and Unix comes out ahead.
Advisor John Morris believes the forthcoming HP-Compaq merger heralds substantial benefits for both company's customers if things are handled right.
Current tests haven't kept pace with server technology, but an industry consortium is coming to the rescue.
Sun Microsystems has leapfrogged ahead of IBM in one part of a contest to see whose top-end Unix server is more powerful
Dell last week followed up a 12-month-old formal Oracle alliance with a love-in in New York with enterprise applications giant SAP. But what do all the smiles amount to beyond the teaming of two of the industry's biggest players?
After years of backing only one format in the recordable DVD format war, Apple Computer is adding limited support of a rival format into its operating system.
Intel has released three new Xeon chips for four-and eight-processor servers in a move to increase the pressure on Sun Microsystems.
While recycling is all fine and good, before we go to the trouble of ripping an item to bits and making it into something else ," there is an intermediate stage: Reuse!
The information technology boom and bust of the 1990s is leaving a lot more than worthless shares and frustrated investors in its wake; it is producing a mountain of electronic waste as technological advancements make computers and other devices containing toxic products obsolete at an increasing pace.
Telstra shareholders fear break up
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Having problems with complex data center? Simplify your data center now.
Has New Zealand's smiling assassin delivered?
The long-awaited separation of Telstra
Google open-sources JavaScript tools
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