Information technology giant Computer Sciences Corp. has announced that it plans to slash its payroll by 4,300 persons and is examining the possibility of selling the company.
The company said its board decided to explore a potential sale of the company among strategic alternatives to enhance shareholder value in response to recent expressions of interest by unidentified parties.
According to El Segundo, Calif.-based CSC, the company has retained Goldman, Sachs & Co. as its financial advisor in this process.
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