Verizon says roughly 10,400 employees will participate in a voluntary layoff/retirement package that runs through June 2019. Verizon seeks to get leaner amid SDN & 5G network opportunities.
IBM sells some software business assets, including Lotus Notes, Domino and Tivoli products, to HCL Technologies for $1.8 billion. IBM CEO Ginni Rometty seeks to improve revenue mix.
Dell Technologies Senior VP of Global Communications Stella Low, widely credited for effective Dell EMC merger communications, is leaving the technology giant.
The arrest of Huawei CFO Meng Wanzhou could pressure U.S.-China trade negotiations and financial markets, while also raising fresh questions about Huawei's business dealings worldwide.
Government contractor Caliburn, backed by private equity firm DC Capital Partners, pursues potential $100 million IPO (initial public offering) & plans IT service provider acquisitions.
Ernst & Young (EY) Global Chairman & CEO Mark Weinberger will step down in July 2019. The IT consulting, professional services & accounting giant expects to name a new CEO in early 2019.
Accenture acquires Enaxis Consulting for digital expertise across digital projects, the Internet of Things (IoT), analytics and robotics in such vertical markets as oil, gas and airlines.
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