Unisys and CSC may cut hundreds of Australia jobs

27.04.2006

Unisys is shedding more staff on the back of a strategic review announced in Q3 2005, to "arrest a profitability drain," making up to 150 Australian staff redundant over the next three years.

Globally, Unisys reported a net loss of US$28 million for Q1 2006 based on revenue of $1.39 billion. In Q3 2005 net loss was $54.3 million.

Steve Parker, managing director of Unisys Australia and New Zealand, said the redundancies allow the company to focus on core competency areas such as outsourcing, open source, Microsoft, financial services and the public sector.

Parker said as a result Unisys will make 150 Australians redundant over the next three years.

"In Q3 last year Unisys went through a strategic review to take a three-year approach to the profitability problem and the ramification is there will be redundancies through 2006," Parker said.