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IT Workers' Mood Hit By Economic Slowdown
News An economic slowdown has led to a slump in IT industry confidence during the first part of 2005 but fears of a full-scale recession have been dismissed, according to the latest reading of the UK business optimism barometer.
[August 9, 2005, 9:15]
The Day Ahead: Cisco Puts Face On Economic Slowdown
News Chambers said the economic slowdown will take roughly two quarters to get over -- assuming the US malaise doesn't spread to other countries. Due to an economic slowdown that appeared in the second week of December, Cisco reported revenue of $6.75bn...
[February 7, 2001, 13:01]
HP Q1: Economic Slowdown Hits Growth
News Platt blamed the economic environment for the slow growth and drew on HP's Internet focus to "get back on a solid growth path". CEO of Hewlett-Packard Lewis E. Platt remained cautiously optimistic. We've achieved a good profit outcome despite...
[February 18, 1999, 14:33]
PC Market Growth At Historic Low
News The US market grew by 6.4 percent in the fourth quarter, or 13.2 million units, hit hard by an economic slowdown that coincided with the Christmas shopping season. The world PC market grew far more slowly than expected in the fourth quarter of last...
[January 19, 2001, 15:04]
Motorola Warning Fuels Mobile Fears
News Mobile manufacturer Motorola announced Friday that it had been hit by an economic slowdown in the US which could push it into loss for the first quarter of this year. It blamed trading conditions in America, where an economic slowdown has hit...
[February 23, 2001, 13:45]
European Telcos To Escape US Slowdown
News The economic slowdown currently hitting America will not have a major impact on European telecoms markets but there will be major consolidation in the broadband market, according to research firm IDC.
[March 27, 2001, 7:44]
Analysis: Old Economy Takes Revenge On New Economy
News Military action, uncertainty in the oil markets and economic slowdown all take their toll, experts say. It will take that long to see when interest rates are likely to peak, to gauge how severe the slowdown will be, and to see how telecom and...
[October 17, 2000, 9:30]
Google Says It Can Weather Economic Storm
News Google chief executive Eric Schmidt acknowledged sliding share values and a shortage of credit in financial markets was "a very serious issue" and that many people were expecting a global economic slowdown.
[March 18, 2008, 7:39]
Servers And Workstations Make Up For PC Plunge
News The US server market plowed past the economic slowdown, with 32 percent growth during the fourth quarter 2000 over the same period a year earlier. The buying slowdown that pummelled PC sales during the fourth quarter bypassed higher-margin systems...
[February 5, 2001, 14:26]
3Com Warns, Discontinues Cable, DSL
News Like Cisco Systems, Lucent Technologies and other networking companies, 3Com has been hit hard by the economic slowdown. The company gave no further details but blamed the poor sales on the US economic slowdown.
[June 8, 2001, 8:52]
European PC Market Hits Four-year Low
News The fourth quarter is traditionally the PC market's strongest, but last year the period coincided with an economic slowdown in the US that curbed demand from many buyers. While there is little evidence of a US-style economic slowdown in Europe, the...
[January 22, 2001, 11:25]
Economic Woes Could Cost IT Sector £100bn
News The company said that a worst-case scenario projection could be a global slowdown that would "reduce worldwide IT spending between 2001 and 2003 by as much as $150bn (£106bn), with $50bn (£35.4bn) less demand from Europe".
[July 2, 2001, 12:10]
Credit Crunch Looms Over IT Jobs Market
News But talk of a wider economic slowdown is not putting companies off hiring tech staff going into the new year, said Wassall, who added there is "still a skills shortage" in IT. Despite "all the talk of a Christmas slowdown", Packham said there hasn...
[January 11, 2008, 7:30]
News Roundup: April Brings Showers Of Job Losses
News Mon, 09 Apr UK telecoms provider warns of slowdown in orders as economic problems spread outside US In each case, a slowdown in orders is one reason given for the cutbacks. Siemens to cut jobs as mobile slowdown bites
[April 19, 2001, 13:02]
Slump In Demand For IT Workers
News On the contrary, there had been a slowdown across the technology markets, which the board attributes principally to negative sentiment relating to the current economic climate," MSB said in its trading update.
[August 15, 2001, 13:39]
Tech Firms Blame Europe For Slow Growth
News It is now clear that the economic slowdown is spreading overseas, and we will therefore move more swiftly and go even deeper in our structural cost-reduction programs," said Compaq chief executive Michael Capellas.
[July 12, 2001, 15:41]
HP Gets Ready For Hard Times
News We are now becoming more convinced that this is a global information technology slowdown that may last for some time," Fiorina said at the beginning of HP's semiannual meeting with financial analysts.
[June 7, 2001, 8:55]
AOL Offers Lower Revenue Estimates
News Parsons emphasised the company's intent to focus on investing in new businesses such as interactive TV, video-on-demand and online music in light of the economic slowdown. Wall Street analysts have raised concerns about AOL's advertising and...
[January 8, 2002, 9:42]
Not-so-cheap PCs Fail In Popularity Contest
News January has brought a tidal wave of bad news for the PC industry, largely driven by the bursting of the dot-com bubble and an economic slowdown in the US. He noted the slowdown did not extend to the rest of the consumer market, with shipments for...
[February 1, 2001, 15:09]
Motorola To Suspend Mobile Phone Production
News It warned that an economic slowdown in America was hitting sales of handsets, and that it would respond by taking "additional cost reduction steps". Motorola is not the only mobile company facing concerns over a slowdown in the mobile phone market.
[March 5, 2001, 9:15]
