ePragmatic - practical solutions
Come join me to discuss practical solutions in the field of technology, let's get practicalThursday, September 30, 2004
CA to Lay Off 800 Workers
IS IT GOOD OR BAD?
Depends on how you view it, after first debate of Kerry Vs Bush it is tough to decide what is good or bad about the iraq war, another such war happening in IT industry is "Outsourcing".... whether it is good or bad??? read the article below...
Global Warming - Good or bad
Terrorism - Good or bad
African country crises - Good or bad
OutSourcing - Good or bad
"Change is Constant", so better get used to change now or later... now read the article below and put your your 2 cents (comments) ....
CA to Lay Off 800 Workers: "CA to Lay Off 800 Workers
By Don E. Sears
September 29, 2004
Computer Associates on Wednesday announced a restructuring plan that will lay off 800 employees, or about 5 percent of its workforce, with 550 of the 800 reductions to take place in North America.
The plan is expected to bring $70 million in savings on an annualized basis to Islandia, N.Y.-based Computer Associates International Inc., once the layoffs are completely implemented. The plan will cost about $40 million, or 4 cents per fully diluted common share. The majority of the charge should occur in the second quarter of fiscal year 2005. "
Depends on how you view it, after first debate of Kerry Vs Bush it is tough to decide what is good or bad about the iraq war, another such war happening in IT industry is "Outsourcing".... whether it is good or bad??? read the article below...
Global Warming - Good or bad
Terrorism - Good or bad
African country crises - Good or bad
OutSourcing - Good or bad
"Change is Constant", so better get used to change now or later... now read the article below and put your your 2 cents (comments) ....
CA to Lay Off 800 Workers: "CA to Lay Off 800 Workers
By Don E. Sears
September 29, 2004
Computer Associates on Wednesday announced a restructuring plan that will lay off 800 employees, or about 5 percent of its workforce, with 550 of the 800 reductions to take place in North America.
The plan is expected to bring $70 million in savings on an annualized basis to Islandia, N.Y.-based Computer Associates International Inc., once the layoffs are completely implemented. The plan will cost about $40 million, or 4 cents per fully diluted common share. The majority of the charge should occur in the second quarter of fiscal year 2005. "
posted by Harsha Sarjapur # 11:15 PM 
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