  Mdoyle Member Username: Mdoyle Post Number: 391 Registered: 10-2006 |
While EDS is headquartered in Plano, TX it's Administrative offices are in the RenCen. http://ap.google.com/article/A LeqM5j1FGR_0CDqt10g0D6ZkubVRzi iIgD90KRHU00 | ||
Dan Member Username: Dan Post Number: 1541 Registered: 10-2003 |
"To make sure the EDS takeover pays off, HP indicated it will make significant layoffs as it eliminates overlapping jobs and other expenses. In Tuesday conference calls with media and analysts, HP Chief Executive Mark Hurd and EDS CEO Ronald Rittenmeyer declined to estimate how many workers might lose their jobs." GREAT!•• | ||
Digitalvision Member Username: Digitalvision Post Number: 828 Registered: 11-2003 |
They'll be consolidating that save for what they do for GM - so much of that is in India now anyway, so who knows what'll happen. But I think there is going to be another round of unemployed technology exports who either a) move to get a job or b) start companies. I'm hoping for b. This could be a great opportunity for us - since they're going to hack'n slash jobs. I don't know if this is true as it's hearsay, but I've heard multiple times EDS doesn't make money, or that much money, on the GM account. | ||
Sharmaal Member Username: Sharmaal Post Number: 1308 Registered: 09-2004 |
Mdoyle - Do you work there? I know that some administration is there, but how much of that is related directly to GM business? | ||
Mdoyle Member Username: Mdoyle Post Number: 394 Registered: 10-2006 |
I dont work there. Just info off of their website. | ||
Jimaz Member Username: Jimaz Post Number: 5345 Registered: 12-2005 |
Free Press: HP to buy EDS Detroit News: HP to buy EDS for about $12.6 billion in cash I'm interested if anyone can add any more information. I've had the opportunity to work with HP field engineers over the years and they seemed to me to be quite compatible with Detroiters. That was just a feeling though. Is this a good thing? | ||
Vetalalumni Member Username: Vetalalumni Post Number: 1021 Registered: 05-2007 |
The press has portrayed important factors about these events. These strategic moves will significantly boost HP services. Big blue has expanded beyond the mainframe and quietly become a consulting services giant. HP out-sources large portions of their IT infrastructure - and not always to the lowest bidder. A few years ago, firm I worked for handled several very large (expensive) software projects for the Print Division of HP here in San Diego. Big on new technology, HP is fleet of foot and aggressive. HP FEs tend to be a fun-loving bunch, however that may be a function of the stereotypical CA lifestyle. EDS played a part in my initial interest in software development in the mid 80s. A friend was a COBOL programmer for EDS at the GMTC in Warren. This was when people in IT still wore suits. | ||
Bob Member Username: Bob Post Number: 1790 Registered: 11-2003 |
We can always hope for the best, but most likely, this will lead to once again, more layoffs for Detroiters and Michiganders. | ||
Spacemonkey Member Username: Spacemonkey Post Number: 573 Registered: 03-2006 |
The economy is doing pretty well in Texas these days I hear. | ||
Bob Member Username: Bob Post Number: 1793 Registered: 11-2003 |
Everything is bigger in Texas. | ||
Craig Member Username: Craig Post Number: 787 Registered: 02-2007 |
EDS has been taking big lumps in Michigan. It won't be easy to pull apart loses due to GM's slide from the aforementioned attack upon redundancy via acquisition. I don't know anyone at EDS who has felt any security for at least the last few years. | ||
Bob Member Username: Bob Post Number: 1794 Registered: 11-2003 |
I know EDS used to have lots of contracts with the State of Michigan to run their computer systems and train the state workers on technology, not sure if that is the case any more. | ||
Unclefrank Member Username: Unclefrank Post Number: 143 Registered: 03-2006 |
Have not told us a thing. Just we are still EDS...an HP company. | ||
Charlottepaul Member Username: Charlottepaul Post Number: 2507 Registered: 10-2006 |
I've seen some commercials for EDS down here in Charlotte recently. I had remembered the name being on 500 tower at the Ren Cen. I didn't know that they were national. Very interesting. | ||
Olddetroiter Member Username: Olddetroiter Post Number: 235 Registered: 04-2008 |
Charlottepaul: EDS is international and does business on every continent. | ||
Charlottepaul Member Username: Charlottepaul Post Number: 2513 Registered: 10-2006 |
Well unfortunately, a lot of great companies come out of Michigan, but not too many are moving in these days. SPX (albeit out of western MI), is doing quite well down here in Charlotte. | ||
Chuckjav Member Username: Chuckjav Post Number: 567 Registered: 09-2007 |
I hereby nominate EDS to the Guinness Book of World Records, in the category: Most times being bought and/or sold | ||
Olddetroiter Member Username: Olddetroiter Post Number: 237 Registered: 04-2008 |
Charlottepaul: Actually EDS comes out of Texas. Its headquarters are in Plano Texas. They didn't have much business at all in Michigan until GM bought them. | ||
Dougw Member Username: Dougw Post Number: 2103 Registered: 11-2003 |
HP to buy EDS... Wow, where did Highland Park come up with $13.2 billion? | ||
Olddetroiter Member Username: Olddetroiter Post Number: 239 Registered: 04-2008 |
Dougw: That's where Kwame's stashing his loot to hide it from the prosecutors. | ||
Eastside61 Member Username: Eastside61 Post Number: 1419 Registered: 07-2006 |
OD: My next door neighbor is the former CFO of HP.... and remember all homes in Highland Park are available for just a buck ... kinda like the Mc Donalds value meal ... | ||
Olddetroiter Member Username: Olddetroiter Post Number: 241 Registered: 04-2008 |
ES: As CFO of HP I’m hoping you mean Hewlett Packard. ‘Cause if you’re talking Highland Park, Kwame’s boys are looking for him. I would advise hiding in those hills until it passes over. | ||
Eastside61 Member Username: Eastside61 Post Number: 1422 Registered: 07-2006 |
OD: Kwame get all of Highland Park and my next door neighbor is of the Palo Alto HP variety..... |
