2014

[Anonymous]

So anyone have any intel about whether or not there will be more layoffs in 2014?

 

[Anonymous]

Yea, anyone who pisses off PVA. He's a vindictive SOB.

 

[Anonymous]

I heard march

 

[Anonymous]

I heard march

To be more specific, the numbers are 14% technology cost cuts (FTEs & in-house owned systems and assets) by end of 1Q 2014, followed by attrition-driven reductions (based on lowest 25% by forced-ranking of remaining FTEs): there has so far been no mention of cuts for vendor contracts.

The total goal for 2014 is for year-over-year IT costs to be cut by at least 31% (including FTEs, systems, assets, infrastructure, licensing), bolstered by a 43-month hiring/purchasing freeze.

Bad days for BMS IT staffers.

 

[Anonymous]

To be more specific, the numbers are 14% technology cost cuts (FTEs & in-house owned systems and assets) by end of 1Q 2014, followed by attrition-driven reductions (based on lowest 25% by forced-ranking of remaining FTEs): there has so far been no mention of cuts for vendor contracts.

The total goal for 2014 is for year-over-year IT costs to be cut by at least 31% (including FTEs, systems, assets, infrastructure, licensing), bolstered by a 43-month hiring/purchasing freeze.

Bad days for BMS IT staffers.

Meanwhile, PVA signed over a Billion ($1.2 BB to be exact) dollars in IT vendor service contracts with Accenture etc. - wow that is about eight percent of BMS's annual revenues: no wonder BMS has to lay off so many IT folks