IHS Chemical Week

Chemical Week Magazine :: Departments :: Key Changes

Hercules’ Outsourcing Deals Prompt Job Cuts

10:06 AM MDT | July 25, 2007 | Chemical Week Editorial Staff

Hercules will eliminate approximately 200 positions, about 4% of its total workforce, under a reorganization that includes outsourcing accounting and information technology (IT) functions to make its “underlying costs more variable in nature,” the company says in a recent SEC filing. Hercules has signed separate agreements with business and technology services provider Genpact International (Gurgaon, India) and IT outsourcing firm HCL Technologies (Noida, India) with a combined value of approximately $64 million. Both contracts are effective through...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa