CSC explores sale of company, plans job cuts

Computer Sciences (CSC) announced that it’s going to cut 5,000 jobs, and it may even sell itself. Notice that unlike the car companies, CSC is doing something before it’s too late.
Most of the job cuts will take place in Europe. If the company is sold, I’d expect it to be private equity, or a combination of a major public firm and private equity. Earlier, the Blackstone Group had shown some interest.

Posted by on April 4th, 2006 at 10:27 am


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