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News Burst: QXL to axe 100 staff after raising £30m
News Online auction firm QXL (quote: QXL) confirmed Thursday that it has successfully completed a £30m round of funding, but admitted that it will axe a quarter of its staff by the middle of next year. The financing secured by investment bank Credit...
[December 1, 2000, 12:15]
Thousands of BT Anytime users face the axe
News BT is poised to axe over 1,000 subscribers to its Anytime Internet access service, and offer 30,000 others a month's subscription if they'll quit. The company is sending out a letter this week explaining that it is taking action against users who...
[October 15, 2001, 18:14]
Prudential may axe 520 IT jobs
News PruTech, the business unit of Prudential that delivers its IT services, may axe up to 520 jobs as Prudential looks to cut costs of £80m in its life and pensions business — specifically in back-office administration.
[March 19, 2007, 16:25]
Gov't mobile working project saved from axe
News The government programme to support mobile and flexible working in local authorities has been saved from the axe. Project Nomad has initially been split into two entities - Nomad North and Nomad Scotland — and will be run by teams based at Barnsley...
[November 5, 2009, 8:50]
HP: Waiting for the axe to fall
Talkback What if HP were split into four companies? A printing and imaging specialist, a consulting service provider, a vendor of server system with utility computing service, and a company of PC and digital home appliances.
[May 23, 2005, 19:08]
Ofcom keeps axe hovering over BT
Talkback It would be better if the government shut Ofcom and all these quangos down and took BT back under government control instead of allowing all these ISPs (who usually last about 6 months) to chip away at BT assets
[March 7, 2005, 18:06]
HP: Waiting for the axe to fall
Leader Another week, another IT stalwart plans a swathe of job cuts. Following hot on the heels of the 13,000 estimated losses announced by IBM, HP seems poised to chop its headcount by around 10,000 to 15,000 workers, according to reports out on Monday.
[May 23, 2005, 14:05]
Axe wielded at Marconi
News Marconi is to cut 800 jobs in the UK after failing to land any of the contracts for the £10bn upgrade of BT's infrastructure last month. BT will replace its circuit-switched networks with a single IP-based network as part of the 21st Century...
[May 6, 2005, 16:00]
Budget 2002: Disappointment as chancellor fails to axe IR35
News Campaigners have reacted with disappointment to Wednesday's Budget after the chancellor, Gordon Brown, failed to repeal the controversial IR35 tax. Both the Federation of Small Businesses (FSB) and the Professional Contractors Group (PCG) have...
[April 17, 2002, 17:28]
Skype Roundup - Skypecasts Get the Axe
Blog If you want some really sad reading, try the comments to the announcement of the Skypecast axe. Last week it was Taiwan and Asia calling plans; this week Skypecasts - one-to-many user broadcasts on Skype - are being discontinued, as of today.
[September 1, 2008, 22:03]
EMC to axe 1,350 jobs
News EMC, which sells higher-end storage systems and the software used to manage them, warned that weak information technology spending has meant it needs to accelerate cost-cutting efforts. The company has been the target of IBM, Hewlett-Packard, Sun...
[October 4, 2002, 9:28]
Shareholders bring down axe on Baltimore
News Baltimore shareholders on Friday voted overwhelmingly to sell the company's PKI business, which owns the UniCert software, to be US-based beTrusted. The sale means that beTrusted, the security services company formed by PricewaterhouseCoopers, will...
[November 28, 2003, 15:40]
News Burst: AltaVista to axe staff
News Struggling Web portal AltaVista will announce the lay off of an undisclosed number of employees Friday, in attempt to revive its pioneer search engine. The layoffs will mark the second round of staff cuts for the company in five months; an...
[September 15, 2000, 9:01]
Senior IT staff 'fear the axe'
News Many British employees are very sceptical about their future with a third expecting the UK to head into recession. One in five of the entire workforce feel at risk of redundancy. In the last 12 months, 39 percent have experienced redundancy...
[October 21, 2002, 16:39]
Tech companies swing the jobs axe
News More than 200,000 jobs have been cut over the last few months in tech companies around the world as the economic slump has eaten into their profits. While some tech companies, like Hewlett-Packard, have supplemented layoffs with innovative schemes...
[July 27, 2001, 11:26]
Virgin takes axe to broadband start-up cost
News Virgin.net announced on Monday that it is cutting the start-up cost of upgrading to broadband by £20. From 1 May, the ISP will charge £59.99 for a starter pack that includes a SpeedTouch USB modem and two phone line filters, compared to the earlier...
[April 29, 2003, 10:35]
BT takes axe to business broadband prices
News BT has cut the prices of its business broadband packages, in the hope of taking advantage of increased awareness of the benefits of a high-speed Internet connection. From this week, BT Openworld's business ADSL services will cost up to £20 per...
[September 2, 2003, 17:40]
Jodrell Bank radiotelescope spared the axe
News The iconic radiotelescope at the Jodrell Bank Centre for Astrophysics, a symbol of scientific progress in the UK since the launch of Sputnik in 1957, has been spared from closure, it emerged on Tuesday.
[July 10, 2008, 16:50]
Ofcom keeps axe hovering over BT
News Communications regulator Ofcom is still weighing up whether BT ought to be split. Appearing at parliament on Tuesday, Ofcom revealed it is still digesting BT's offer to change the way it is structured and governed in return for not being broken up.
[March 2, 2005, 11:55]
2,000 face axe in Orange-Wanadoo merger
News Up to 2,000 Orange UK workers could lose their jobs in a major shake-up announced yesterday by parent company France Telecom. As part of what France Telecom calls its NExT (New Experience in Telecoms) strategy, Orange UK is becoming a mobile and...
[May 5, 2006, 17:35]
