Electronic Data Systems Cutting Jobs
Electronic Data Systems in Rancho Cordova has announced that it’s cutting its work force.
Thursday, August 19, 2004
EDS is dropping 82 positions from its local work force. Some of these jobs will be shipped overseas … and others will go to Kentucky. The global giant in the field of information services describes it as “best shoring” their jobs, a twist on the much maligned trend of off-shoring. The move comes on the heels of a July announcement that a significant number of employees might lose their jobs as part of a $3 billion cost-cutting plan. EDS says the workers will be gone by mid-October. The company employs about 1,500 in Rancho Cordova.