Computer Science Corp three buyers seeking this week to announce layoffs

EST on April 4th (Beijing time April 5th) news: according to "the Wall Street journal" reported that the Computer Science Corp is currently conducting negotiations with other companies may be at the price of US $10 billion 600 million to sell the company, it is expected to announce layoffs on Tuesday.

According to informed sources, in recent months, Computer Science Corp has been with other companies for two rounds of negotiations on the acquisition, but ultimately ended in failure. This is the three time it has negotiated with other companies. It is located in El, California, Segundo, engaged in a large number of computer outsourcing business, it may be more attractive to private enterprises. Reported that it has negotiated with a number of possible buyers.

Reporter failed to get in touch with Computer Science Corp executives, so Computer Science Corp's comments on the matter is still unknown.

Computer Science Corp is expected to announce the restructuring of the company, and in its global total of more than 80 thousand employees cut more than 5 thousand employees. Reported that layoffs will be mainly concentrated in its European division, because it is located in the European sector consulting and systems integration business encountered many difficulties.

The company plans to spend millions of dollars to restructure the company, most of which will come from the next fiscal year. The company's total revenue in 2005 was $14 billion 600 million, a wide range of customer service.

Last month, it signed a supply agreement with the U.S. Army, is responsible for the army to provide engineering and commercial operation services, service time of more than ten years, the service charge of up to $1 billion 500 million.

Investors have been looking for opportunities to sell the company. According to informed sources, in January, Blackstone Group and Hewlett-Packard Co have been with it for the acquisition of negotiations, but eventually talk about collapse.