Unisys Corporation Cuts 1,300 Jobs, Suspends 401(k) Match

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accountability issues big time

I worked there from 1996-2000 as well. Unisys always seems to have issues and problem with upper management's lack of expertise. Whatever happened to accountability?

toni of MA @ Nov 22, 2009 09:11:27 AM

I'd like to see the stock price go to $12.00 or so, perhaps in a takeover?

Well, I "left" the company in December of 2007, but left all my 401(k) money in the UIS stock fund.... So now I have about 10% of what I had a year ago - I got into the UIS fund when UIS stock was at about $6.00 on the regular market. I'd like to see the stock go back up to about $12 or so, then perhaps I will be able to retire when I'm 113 or so...

Old Guy of PA @ Dec 29, 2008 14:58:18 PM

HAHAHA Good

I've worked with that worthless company and I hope they fail completely. You wouldn't believe some of the horrible things I've seen people at that company do. Good ol karma seems to be working.

of CA @ Dec 27, 2008 16:04:42 PM

On the backs of employees!

As a shareholder, I hope like this works. As an employee, I am happy to have a job, but it stings a little just the same. I saw no mention of cuts to executive compensation, or if the 401 match cut is permanent or temporary.

Jolly of MO @ Dec 25, 2008 16:04:07 PM

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Unisys Corporation Cuts 1,300 Jobs, Suspends 401(k) Match

accountability issues big time

I'd like to see the stock price go to $12.00 or so, perhaps in a takeover?

HAHAHA Good

On the backs of employees!

Planning to Retire

Money

Unisys Corporation Cuts 1,300 Jobs, Suspends 401(k) Match

accountability issues big time

I'd like to see the stock price go to $12.00 or so, perhaps in a takeover?

HAHAHA Good

On the backs of employees!

Planning to Retire

Best of Planning to Retire

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Money