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	<title>The musings of an IT Consultant &#187; EDS</title>
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		<title>EDS face more pay cuts</title>
		<link>http://itknowledgeexchange.techtarget.com/it-consultant/eds-face-more-pay-cuts/</link>
		<comments>http://itknowledgeexchange.techtarget.com/it-consultant/eds-face-more-pay-cuts/#comments</comments>
		<pubDate>Fri, 31 Jul 2009 14:11:58 +0000</pubDate>
		<dc:creator>Raj Perumal</dc:creator>
				<category><![CDATA[EDS]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[layoffs]]></category>
		<category><![CDATA[pay cuts]]></category>
		<category><![CDATA[salaries cut]]></category>

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		<description><![CDATA[So this just surfaced across the web in the news. It seems EDS employees are facing more pay cuts again. Seriously? Last I checked, the government told us that Canada is out of a recession. It seems like the US part of HP is blindly sending down paycuts to their Canadian bretheren. You do realize [...]]]></description>
				<content:encoded><![CDATA[<p>So this just surfaced across the web in the news. It seems EDS employees are facing more pay cuts again. Seriously?</p>
<p>Last I checked, the government told us that Canada is out of a recession. It seems like the US part of HP is blindly sending down paycuts to their Canadian bretheren. You do realize that we are a different country and are actually not doing so bad in comparison? Maybe you want to look at the numbers before doing this sort of thing.</p>
<p>I seriously disagree with the amount of paycuts that have been hitting EDS, it&#8217;s not fair to the employees that have been working their butts off for the company and making them money all these years. There are lots of places where they could cut but just don&#8217;t want to so instead the little guy gets the shaft.</p>
<p>Read more about it <a href="http://www.computerweekly.com/Articles/2009/07/24/237033/eds-staff-face-5-pay-cut.htm">here</a>.</p>
<p>-RP</p>
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		<title>HP and EDS Pay Cuts</title>
		<link>http://itknowledgeexchange.techtarget.com/it-consultant/hp-and-eds-pay-cuts/</link>
		<comments>http://itknowledgeexchange.techtarget.com/it-consultant/hp-and-eds-pay-cuts/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 16:33:39 +0000</pubDate>
		<dc:creator>Raj Perumal</dc:creator>
				<category><![CDATA[economic downturn]]></category>
		<category><![CDATA[EDS]]></category>
		<category><![CDATA[HP]]></category>
		<category><![CDATA[layoffs]]></category>
		<category><![CDATA[pay cuts]]></category>
		<category><![CDATA[paycuts]]></category>

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		<description><![CDATA[Hi folks, the recent pay cut announcement at HP and EDS has been taken with mixed reactions. If you haven’t heard yet, they have announced that workers will be receiving a pay cut in lieu of layoffs.   Now I don’t know about you but in an industry where workers are already underpaid to begin [...]]]></description>
				<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: Calibri">Hi folks, the recent pay cut announcement at HP and EDS has been taken with mixed reactions. If you haven’t heard yet, they have announced that workers will be receiving a pay cut in lieu of layoffs. </span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: small;font-family: Calibri"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: Calibri">Now I don’t know about you but in an industry where workers are already underpaid to begin with, the prospect of a pay cut is that much more crazy. Of course on the other side of the coin, would you rather lose your job or lose some of your pay? For most people it’s almost the same thing because they need that pay to make ends meet.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: small;font-family: Calibri"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: Calibri">The executives have also taken a pay cut as well. Unfortunately that isn’t being taken very well by some employees and they are concerned about this whole situation regardless of that fact. I sincerely hope everything works out well in the end and that all the people involved are able to keep their jobs. I also hope that once the tough times are over, that HP rewards their employees for their loyalty and hard work.</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: small;font-family: Calibri"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: Calibri">-RP</span></span></p>
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