Taleo Begins Vurv Acquisiton By Job Cuts

clipped from humancapitalist.com On Friday, Taleo announced eliminating approximately 160 jobs at Vurv as part of the acquisition integration. Based on my most recent estimates, that is over 50% of Vurv’s total workforce.

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Experts say Excellerate HRO would now be a competitor for HR Outsourcing Providers

clipped from workforce.com Hewlett-Packard has announced that it is acquiring EDS, a move that may mean good news for ExcellerateHRO. On Tuesday, May 13, HP and EDS announced they had signed an agreement for HP to acquire the Plano,Texas-based technology company for $13.9 billion, or $25 per share. Industry observers say that if the merger goes through it would provide a swath of new resources and potential clients for ExcellerateHRO, the jointly owned HR outsourcing business shared by EDS and Towers Perrin. ExcellerateHRO was formed in 2005, but hasn’t amassed many deals in the past three years—causing many to wonder about the fate of the company. But now that HP is buying EDS, the company could revamp ExcellerateHRO into an HR outsourcing provider that would be competitive with the top players in the market, experts say.

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