May 4, 2005

IBM today announced that it will cut between 10,000 and 13,000 jobs and attempt to reorganize its management. According to an article two weeks ago in Forbes magazine, in recent quarters IBM was booted out of big contracts at J.P. Morgan Chase, Cable & Wireless, Invensys, Starwood Hotels & Resorts, Piper Jaffray, and other clients.

April 5, 2005

Companies attempting to make a buck from open source are turning to a subscription-based support business model. It is yet unclear if customers are willing to pay for this in the same way they pay for support contracts from vendors of commercial software. Some companies to watch in this arena are SourceLabs, SpikeSource, Optaros, and Open Source Consulting LLC.

February 24, 2005

The agreement is meant to broaden CSC's portfolio of security offerings and help further push Symantec products and services deeper into corporate and government areas.

February 23, 2005

EDS has announced that it will close 21 data centers (17 in the U.S. and 4 in Europe) by the end of next year. As many as 20,000 jobs, mostly in the U.S., may be cut. Coincidentally, EDS plans increase its work force in India by as much as 33%.

February 15, 2005

The economic recovery has turned the tables on large employers. Companies who have abused their IT staff during the past few years are now seeing many of their IT workers leaving for greener pastures. It looks like most are leaving for better working conditions and other benefits rather than for purely monetary reasons.