From staff reports
Harris Corp. plans to eliminate 230 jobs
Harris Corp.'s Broadcast Communications Division, based in Deerfield Township, is eliminating 108 jobs as part of a cost-cutting effort that involves the elimination of 230 jobs corporatewide.
The number affected at the Deerfield Township division headquarters, which employs several hundred, wasn't known Tuesday. A spokesman for Melbourne, Fla.-based Harris said the division, which supplies digital broadcasting equipment, employed 1,200 worldwide. Its two largest facilities are in Deerfield Township and a Quincy, Ill., manufacturing plant.
The spokesman said the company has been squeezed by cutbacks in telecommunications and broadcast spending. The company said the job cuts, which include 122 at its Melbourne corporate headquarters, will cost $35 million, or 35 cents a share in the current quarter.
P&G, Hewlett-Packard finalize contract
Procter & Gamble Co. has finalized its 10-year, $3 billion contract with a unit of Hewlett-Packard Co. to handle P&G's information-technology services, the companies said Tuesday. With regulatory approvals, the deal should take effect Aug. 1, moving almost 2,000 P&G employees to working for HP Services. About one-third of those affected employees work in the Tristate. It's the first of several outsourcing contracts that P&G expects to sign this year for many of its back-office functions.
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