IT services firm CSC is the latest in a string of technology companies including IBM, Dell and HP to lay-off staff amid the global financial crisis.
The company kept mum on how many of its 3000 local staff would be axed but did not rule-out job cuts across the company.
A CSC spokeswomen confirmed the cuts are a response to the global recession and are part of a global restructure in which each business unit will evaluate job cuts to “respective business environments... appropriate to the level of client demand and business opportunities”. The company has 92,000 staff globally.
“CSC Australia is implementing a business strategy to streamline and align resources to best meet current and future business demands,” the spokeswomen said.
“These changes will result in a limited number of redundancies and redeployments at CSC. Where employees are displaced, CSC makes every effort to provide outplacement assistance and to help workers find employment elsewhere within CSC.”
The spokeswomen refused to speculate on many staff will be cut but said media reports that up to 300 may face the chopping block is “highly inaccurate”. She said each CSC office will consider job cuts independently.
The news comes less than a fortnight after the company issued a shareholder announcement celebrating 2009 as a "banner year for CSC, despite the financial crisis". While CEO Nick Wilkinson was happy to celebrate lucrative deals with the likes of BHP Billiton, Rio Tinto and AMP in the announcement, he did not return media calls to discuss the job cuts.
Last year Telstra sacked around 800 staff as part of BigPond division mergers and Hewitt-Packard/Electronic Data Systems confirmed almost 450 local jobs may be cut. Yahoo also laid-off around 2600 staff, while a number of IT companies including Dell, 4200 and Nortel have not confirmed global redundancies will hit Australia.