EDS takeover leads to UK job losses

October 10, 2008 by Dagpotter · Comment
Filed under: England, IT, Restructuring, logistics 

The takeover of EDS by Hewlett Packard is having effects in the United Kingdom. EDS has several IT and computer support contracts with the British Government. These are primarily in the non-Defense sector. In a difference from standard American practice these workers are unionized. Now they have been told with the amalgamation of the companies that over 3,000 jobs will be eliminated. This is due to the decision by HP to streamline its new combined workforce (i.e. reduce). Unreported is the possibility that some of these jobs will move to Hewlett Packard.

See the story at Channel Register.

The UK buys refit on their C-130s

L3 was awarded a contract by the UK’s Ministry of Defence to perform replacement of the outer wings of three C-130 aircraft. The contract is worth over $18 M. The actual work will be done in Canada. Like many European companies expanding in the US market; it also behooves US ones to work there. Especially with so much originally American equipment being used by the UK, Germany and other NATO countries.

For the actual press release see MarketWatch at the Wall Street Journal Digital Network.