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The combined company was to operate under a new name, Ellucian, as announced at the 2012 annual users' conference. On 7 December 2011 Hellman & Friedman , Datatel and SunGard announced that the proposed combination had cleared Department of Justice review. [ 17 ]
Datatel, Inc. was a private company that provided fully integrated software and professional services to build enterprise education platforms for higher education until it combined with its competitor SunGard Higher Education to form Ellucian in 2012. Datatel was headquartered in Fairfax, Virginia.
The layoffs are expected to begin in the coming weeks. Fritz Jorgensen/istockphoto. Meta. Meta, the parent company of Facebook, laid off 11,000 employees in November. Though founder and CEO Mark ...
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
The layoffs will result in annualized cost savings of around $200 million by the end of September 2025. "As we carry out our plan, it's important to bear in mind why we're making these difficult ...
Contractor Northrop Grumman could lay off as many as 550 workers in Redondo Beach and Manhattan Beach, following a round of layoffs earlier this year. Northrop Grumman announces another round of ...
A layoff [1] or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees ...
The layoffs - around 139 jobs - are expected to begin in the third quarter and would be completed by the end of 2024. Shares of the company, which had 925 full-time employees at the end of the ...