Select the links below that fit your situation...
- Current HP employee:
Information for Current Employees. Join
group on LinkedIn.
HP employee in the process of leaving:
group on LinkedIn.
- Former EDS employee who never worked for HP:
Alumni and HP Connections
groups on LinkedIn.
- Recruiter wishing to post jobs:
If you were
employed by EDS or "EDS, an HP Company" before January 1,
2009 you may have an EDS pension that you have forgotten
about. If you are not collecting on (or did not cash in) an
EDS pension, check for an EDS pension account with Fidelity.
If you have an EDS
pension that you are not yet collecting on, be sure that
Fidelity has your current mailing address. (In order to
reduce pension admin costs, at various times over the years those with relatively small balances were
sent limited-time cash buyout offers by mail.)
"You may have a
benefit in the [EDS Retirement] Plan if you were employed by EDS before HP
acquired EDS on August 26, 2008, or if you joined EDS, an HP
Company between August 26, 2008 and December 31, 2008. The
plan was closed to new participants on January 1, 2009.
Eligibility to earn Pay-Based Credits to Personal Pension
Accounts (PPAs) under the Plan ended on December 31, 2008,
although Interest Credits continue to accrue on existing PPA
--from the EDS Retirement Plan Summary Plan
The EDS pension
plans are being administered by HP Inc, not by HPE or DXC.
HPI Retirement Service Center
(operated by Fidelity.)
retiree benefits: Which
am I a former employee or retiree of?
HPI, HPE or?
US Benefits Forum.
Mutual help on health coverage -- COBRA, retirement, Medicare,
open-market. Annual Enrollment, discounts.
Alumni LinkedIn Group. If you formerly worked for EDS. Benefits, finance, and career issues
specifically related to service with Electronic Data Systems
(no longer traded.) How to sell your EDS stock, stock
price history, annual reports:
Predecessor Company Stock
Two reasons EDS alumni should check the logos displayed on
their LinkedIn profile for past positions:
1. You may have selected "EDS" as a past employer and wound
up displaying the red-chevron logo of Egyptian Document
Storage... or the cerise triangle logo of a computer-aided
design company in India.
2. As part of the HPI/HPE separation, HP changed the personal profiles of
many former and current employees to display the HPE logo
for past positions. You may wish to display the EDS logo for
early positions on your profile instead.
How to fix
the positions on your profile
Returning: Layoff status and chances of returning to
HPE or DXC:
EDS/HP overtime allegations: The class action filed in 2006
concerning EDS/HP overtime was settled after nine years, 79
depositions, and 1.5 million pages of documents -- paying an
average of $950 each to 2,700 people in 2015. Details:
Sale to HP:
EDS' last full year in business: 2% decrease in year-to-year
revenue in the Americas; 1% decrease in EMEA; 1% increase in
the separate US Government segment; 21% increase in
much-smaller Asia Pacific segment -- resulting in 1%
increase worldwide (page AR-1.)
Last Annual Report
- EDS stock
dropped from a high of $30 in the first quarter of 2007 to a
low of $19 in the fourth quarter (page AR-5)
Last Annual Report
- HP paid $25.00 per share -- a 32% premium over the EDS
price of $18.86 before the May 13, 2008 announcement. Total
- The EDS board of directors negotiated the sale. It was
approved by shareholders owning 98.8 percent of the stock.
- EDS had 140,000 employees; HP had 172,000 total employees,
including 70,000 services employees.
article summarizing the HP Breakup.
EDS stock is no longer traded. You can exchange shares for $25
per share in cash.
Verification for former HP and EDS employees. (EDS
employment before August 2008 may be listed under the old
EDS employer codes:
Networking Directory of HP-
and EDS-related networks and groups worldwide.
Contacts for former HP, HPI, HPE employees (And
don't flock, you have to find them one at a time." – Ross Perot
- The "Grass
Roots Wisdoms" are listed and discussed in a short book by
former EDS executive coach Gary Hassenstab. ISBN-10:
- "A Unique One-Time Opportunity: The Story of How EDS Created Outsourcing"
– by Eric O'Keefe; Copyright Morton H. Meyerson.
More than 50 EDSers share the story of the one-of-a-kind corporate culture.
CreateSpace Independent Publishing Platform (October 2012) ASIN:
- "Liberation Management" – by Tom
Peters. Chapter: "World's Largest Project Organization in the
World's Zaniest Industry."
Knopf (1992) ASIN:
- "My Life & The Principles
for Success" – by Ross Perot.
Summit (September 1996) ISBN-10:
- "Perot: An Unauthorized Biography" – by Todd Mason.
McGraw-Hill (April 1990) ISBN-10:
- "Irreconcilable Differences:
Ross Perot Versus General Motors" – by Doron P. Levin.
Little Brown (March 1989) ISBN-10:
- "On Wings of Eagles" – by Ken Follett. Semi-fictionalized account of effort to rescue two EDS executives imprisoned in Iran.
Morrow (September 1983) ISBN-10:
The Hewlett-Packard Alumni Association is operated by former employees
who volunteer their time. Not endorsed or supported by HPI or HPE.
More about the HPAA