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Big Dallas Business Cutting Jobs- EDS

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Real Estate Agent with Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com 0480809

Plano based EDS announced that they will be cutting anywhere from 3000-4000 jobs, globally, in the second half of the year.  IKES!!  Collin County is already seeing high foreclosure rates and this does not look good.  I imagine many of those people will have problems finding comparable jobs and then I get the calls from friends asking me to help their friends/ co-workers through a short sale...

I say, reduce the salary of many of the executives at most corportate companies, and layoffs would not be necesary in that type of abundance.  Execs typically make such gross numbers, it's disgusting.  Share the wealth!

 

Jacqulyn Richey
Prominent Realty Group - Las Vegas, NV
Las Vegas Real Estate

LOL. Good luck with that. Of course that makes sense, so it has no place in the business world. I'm sure the top execs have nice golden parachusetts should they ever be let go or the company fold.  It would be nice to see the people who actually do the work have a such a cushy guarantee.

-Charles

Aug 01, 2006 12:24 PM