Pink Slips @ Perot India

IT services firm Perot Systems has retrenched 100 employees in India, a move seen as part of the company’s recently-announced initiative to cut 650 jobs globally. However, Perot India officials termed it as a regular measure to get rid of poor performers.

Announcing its 3Q earnings two weeks ago, it had said that it would cut 650 jobs globally to lower costs. The company had reported lower-than-expected Q3 results and said its contract with Triad Hospitals, which generated $20m revenue in the qtr., was being terminated as the healthcare company had been acquired by Community Health Systems. Read more

Perot Systems Corporation provides solutions to clients in healthcare, insurance, commercial and public sectors. It reported revenue of $2.3 billion in 2006. It currently has about 7,500 employees in India across four centres in Bangalore, Pune, Chennai and Coimbatore. The company offers its complete portfolio of business process solutions, consulting & applications, and infrastructure services from its India facilities.

Source: ET

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Ariyaatha pillakku choriyumbol ariyum!

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