The News Review:
- Xerox utsources Management of Data Centers to India’s HCL
- Union employees open to concessions but demand management cuts as …
- Republic Services CE’s pay totals $10.6M in 2008
- Treasury Chief Says He’s pen to usting Heads of Frail Banks
Xerox utsources Management of Data Centers to India’s HCL
PC World
Under the contract HCL will run nine Xerox data centers in Europe and the US. The services that HCL will offer these mid-range data centers include business continuity and disaster recovery HCL said on Monday. The Xerox contract is the third large remote infrastructure management contract bagged by HCL this year. Last month it nabbed a $350 million seven-year outsourcing contract from The Reader’s Digest Association for IT infrastructure management application development and other services. The company announced in January that it had won a five-year contract from Nokia for outsourced desktop management and help desk across 76 countries. Infrastructure services accounted for 15. 3 percent of HCL’s revenue in the fourth quarter of last year.
Related from Southwestmuseum: Xerox in $100 million deal to outsource data center: report
Union employees open to concessions but demand management cuts as …
Boston Globe
Some viewed it as a negotiating ploy others as a serious threat. But all of those interviewed said they are willing to accept pay cuts and other concessions to save New England’s largest newspaper – as long as executives and managers make the same sacrifices. “If management is willing to lead us to take pay cuts and concessions I’m sure the union would be willing” said Bob Sullivan 56 who has worked as a mailer for 38 years. “We all want to keep our jobs. We all want to keep the Globe publishing. ”fficials from the Globe’s owner The New York Times Co. and the Globe declined to comment yesterday.
Republic Services CE’s pay totals $10.6M in 2008
The Associated Press
Citing a feature that provides for a payout at target upon a change in control the Phoenix-based company said the merger with Allied Waste was considered such a change. All awards were paid at target last December. Republic Services said it will seek shareholder approval of a plan to provide bonuses intended to motivate management to find cost savings in the merger. Combined Republic Services previously the third-largest trash hauler and Allied Waste the second biggest are now the main competitor to No. 1 Waste Management Inc. The company reported in February that earnings in 2008 fell 75 percent to $73.
Treasury Chief Says He’s pen to usting Heads of Frail Banks
New York Times
Geithner appeared Sunday on “Face the Nation” on CBS. “If in the future banks need exceptional assistance in order to get through this then we will make sure that assistance comes” while ensuring that taxpayers are protected Mr. Geithner said Sunday in an interview on “Face the Nation” on.