Grape vine says EDS done for. Massive haircut in the offing. Worldwide.
Can anybody confirm?
14 replies (most recent on top)
What is "EDS"?
EDS does not make any money and a distraction. Strategy is generating as much as cash as possible to give to investors and EDS and SSD do not do contribute
EDS is improving from last few quarters. Not sure why EDS needs to be subjected to RIF
The list is coming together now for approval and to be finalized in about 2 weeks. Plan to RIF just before the quarter ends so we can have a good earnings call announcement and make investors happy
Does anyone know when in March the RIF is planned and locations and ideas on numbers? All directors in EDS? The whole team? Other groups?
I have seen directors with less than 5 people under them. Who are they directing?
RIF coming, mainly managers and directors. Company values engineering staff.
I heard RIF in March
Can't get accurate results unless survey is by third party and really anonymous. not in best interest of execs to do - truth is not wanted
Managers with poor survey results to be axed
Mate, get ready for upcoming rounds of layoffs. Directors warming benches pretending to add value will be worst affected.
Just need 100 engineers and not 2000+
Just general rumors about r and d reductions and decreasing directors
End of March
All BS rumors