Hewlett-Packard is cutting salaries of EDS workers another 10 percent beyond what it first announced in February, ZDNet Asia's sister site ZDNet reported last week.
Last month, the company announced salary cuts for all employees, ranging from 2.5 percent for nonexempt employees to 20 percent for the CEO, ZDNet said. HP also said it was making changes to employee benefits to save money.
According to a Friday memo obtained by ZDNet: "Unfortunately, we need to take additional action. Specifically, we have decided to make a temporary, additional reduction in base salary affecting EDS business unit employees in the United States and Puerto Rico."
The temporary salary reductions will go into effect next month and end in May, according to the memo, and workers who make less than US$40,000 annually are excluded.
Hewlett-Packard acquired EDS in a multibillion-dollar deal last year.
This article was first published as a blog post on CNET News.












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