Unisys cutting 1,300 jobs
The Blue Bell, Pa.,based Unisys said it intended to cut about 1,300 jobs worldwide through 2009. The company also said it would be suspending matching 401(k) contributions, which it said were costing $50 million a year, and forgoing 2009 salary increases.
Unisys said it had already begun cutting jobs.
From CNN Money
