Computer Sciences to "Restructure"

For someone who works for a large services organisation this is interesting news.

“For some time it has been apparent to us, and to other companies in our industry, that there is excess capacity in certain geographies, particularly Europe,” Honeycutt said. “After lengthy consideration, we have decided that this is an appropriate time to deal with the issue through a restructuring; this action is designed to enhance shareholder value regardless of any strategic alternatives we may explore.”

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