NEW DELHI: IT services firm Perot Systems has retrenched 100 employees in India, a move seen as part of the company’s recently-announced initiative to cut 650 jobs globally. However, Perot India officials termed it as a regular measure to get rid of poor performers.
Announcing its third quarter earnings two weeks ago, Plano, Texas-headquartered Perot Systems Corporation, had said that it would cut 650 jobs globally to lower costs. The company had reported lower-than-expected Q3 results and said its contract with Triad Hospitals, which generated $20million revenue in the quarter, was being terminated as the healthcare company had been acquired by Community Health Systems.
Perot had announced that the job cuts, amounting to about 3% of its over 22,000 workforce, would not come solely from the employees working on the Triad Hospitals contract.
