Business

Unisys and Wipro

Unisys will be laying off 1,300 employees. The economy simply doesn’t seem to be getting better just yet. However, no one has told Wipro that. The Indian outsourcer has agreed to purchase the Citgroup IT services group for $127 Million dollars. I guess my point here is that while times do seem tough that there are a lot of opportunities out there. For example, the federal government will be implementing a pretty massive stimulus package. State agencies are hoping this will help them replace their legacy IT systems, energy companies are hoping to R&D more solutions to reduce the nations dependency on overseas oil. While this will not offer an end to a bad economy it should help to provide a jump start. The alternator that will continue to recharge the economic battery will be the IT industry.