Infineon continues outsourcing trend

October 16, 2003 – Adding to recent cost-cutting moves, Infineon Technologies AG has signed a ten-year deal with EDS to outsource its payroll accounting functions in Russelsheim, Germany.

The company also plans to hand over “major portions” of its recruiting and intern hosting programs in Germany and Austria. The deal, worth a “double digit million dollar sum,” will become effective in January 2004, and completed by October 2004.


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