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Serco buys connections in UK, US

Serco buys connections in UK, US

Serco, the contract and facilities management group, has expanded its specialized IT operations across the UK and North America with two acquisitions, a departure from its policy of organic growth. Serco has acquired ITNet, the British IT services company, for £235m and Resource Consultants, Inc.

January 13, 2005 by in CXO

Consultants upset with year-end bonuses

Consultants upset with year-end bonuses

Bonuses at consulting firms rebounded in 2004, but not nearly enough to stop retention from becoming a major headache in 2005. A staggering 53 percent of all consultants appear dissatisfied with their year-end bonuses, a worrying statistic for all those HR departments that have made retention a key goal for 2005.

January 31, 2005 by in CXO

Investor AM: Your write-off or mine?

Investor AM: Your write-off or mine?

Cisco Systems is in the running for partner of the year. Instead of leaving its outsourcing partners with tons of excess inventory for another quarter, the networking giant stepped up to the plate and said it will take a huge $2.

April 22, 2001 by in CXO