Cap Gemini Ernst & Young will immediately cut 2,500 jobs and re-evaluate 3,000 more by January in an effort to reorganize its business in the face of a changing marketplace, the Paris-based company announced Thursday.
Some analysts are suggesting that General Electric Co. is leaving the business-to-business arena because it couldn't make any money. But the company said Monday the motivation behind its US$800 million sale of GE Global Exchange Services (GXS) to Francisco Partners Management LLC is strictly strategic.
Agilent Technologies Inc. announced yesterday that it will restore full pay to its employees beginning Aug. 1, after imposing wage cuts more than a year ago.
In a protest move against a bill in the South African parliament, the nation's Web address administrator has moved the zone file for the address to a location beyond the reach of authorities.
Kirsti Langstoyl has a data recovery problem that might require a seance to solve. But she'll take a good IT professional with a knack for data recovery.
A report from New York-based Jupiter Media Metrix Inc. suggests that while both businesses and consumers claim they want privacy protection, neither does a lot about it.
Fidelity Investments Canada Ltd. said it has corrected a problem that allowed an Ottawa college professor to access static account information of other customers last weekend.