Market Hilights

May 13, 2008 9:14AM

Companies Have Little Overlap in Services

By Donna Fuscaldo

 

With any merger there’s always concerns about overlap and thus layoffs. EDS CEO Ronald Rittenmeyer says H-P’s services business and EDS have “little” overlap. As for layoffs, Rittenmeyer says the company, before the deal, had been in the process of “streamlining” the business. “Obviously there’s going to be some changes,” says Rittenmeyer.

 

1 Response to “Companies Have Little Overlap in Services”

  1. Comment by esteban cafe

    I’m sure all the employees within HP are feeling very secure about lay-offs–secure that they are absolutely going to happen as a result of this buy out. I like Mark, but he’s clearly going to cost me my HP job sometime soon. Many at HP feel it’s a matter of “When” and not “If” as to lay-offs.

    Esteban Cafe

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