Outsourced! Update 12/16/2004 10:39:00 AM

OK, follows is an email I got from my manager, summing up what was said at today's 9am meeting. The CEO of US operations and two other suits basically just called us together to read a press release to us, and it seems like they only called the meeting because of legal obligations (because the information they were coneying was
"stock-sensitive" or something, they're legally obligated to disclose it as soon as it becomes known).



Anyway, here's the sum-up email:


Basically [CEO] along with [suit 1] & [suit 2] wanted to
personally announce the fact that a press release (see article below)
came out this morning. The article was read to the audience (us) and
then they, Senior Management, fielded some questions, but couldn't
provide much detail
other than what we have been hearing all along:

  • some of the IT service will be outsource at a global level

  • there will be a combination of vendors selected for different core
    competencies

  • a final vendors decision will be made by end of 1Qtr 2005

  • planning phase will start and be implemented in the 2nd Qtr, and
    continue for the next 12 to 18 months

  • there will be an [internal] IT company

  • more information regarding the outsource events will be distribute
    as it becomes available

  • consultans will be move off-shore (i.e. India)

  • goal in terms of staff consolidation is 12,000 GLOBALLY, including
    other BUs (i.e. HR)
Whee! Actually, I'm not too concerned. The smaller IT group I work for
is ultra-specialized, so if we're outsourced at all, I imagine it
wouldn't be for quite some time.. But I guess we'll see!
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