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HP refuses to quash job-loss rumours
Talkback "It is a shame to see the market leader reducing its local commitment to customer support and service when all our indicators suggest that the provision of quality local service is regarded as highly now as cost of ownership issues for business...
[May 18, 2005, 15:44]
HP refuses to quash job-loss rumours
News HP has refused to confirm or deny rumours of a further 150 job cuts at a Newcastle technical support centre. The company, which will outsource IT support to an Indian firm, said it will make 100 redundancies at Twenty4help, 60 of which will happen...
[May 18, 2005, 11:40]
E-envoy disputes 800,000 job-loss quote
News The e-envoy, Andrew Pinder, has said that comments he made about job losses from putting government services online were taken out of context. Virgo said the issues facing the e-envoy were so complex that the job "could not be done by one person.
[May 15, 2002, 17:06]
Philips loss to be followed by 4,000 job cuts
News Shares in Philips fell almost three percent in Tuesday morning trading after the Dutch semiconductor and consumer electronics manufacturer declared a loss of £470m for the second quarter of this year.
[July 17, 2001, 10:57]
News Roundup: Tech companies face clouded future
News Friday 27th July Despite a four-fold increase in net income, the plunging valuation of Network Solutions' stock price brings Verisign's loss to $10bn JDS Uniphase reports record loss Friday 27th July After announcing an operating loss, Infineon is...
[July 26, 2001, 10:35]
Gateway cuts jobs and closes shops
News Gateway expects to post a loss of between 62 cents and 66 cents per share for the first quarter, which ends 31 March, the company said in a statement. Gateway expects the layoffs and other restructuring to cost between $75m (£47m) and $80m...
[March 18, 2003, 11:25]
Gateway to lay off up to 25 percent
News Gateway will lay off up to 4,600 workers worldwide, pull out of several Asian markets and post a third-quarter loss, the company said on Tuesday. A consensus of analysts expects Gateway to post a third-quarter loss of a penny per share, excluding...
[August 29, 2001, 8:34]
Cable & Wireless axes 3,500 jobs
News Troubled telecoms giant Cable & Wireless is cutting 3,500 jobs from its loss-making global division, which provides Web site hosting and telecoms services for companies worldwide, and which accounts for more than two-thirds of Cable and Wireless's...
[November 13, 2002, 14:19]
News Roundup: April brings showers of job losses
News Union members claim that, despite the intervention of the prime minister, Motorola is poised to close its factory at Bathgate, Scotland, with the loss of over 3,000 jobs. Lower handset sales has forced Siemens to axe 3,500 jobs, after it revealed...
[April 19, 2001, 13:02]
AMD cuts 500 jobs
News In October, AMD surprised analysts by announcing a smaller-than-expected third-quarter net loss. The company reported a net loss of $67m, or 11 cents per share. Analysts had expected a third-quarter loss of 40 cents per share on $1.48bn in revenue.
[November 6, 2008, 8:20]
Generation i: Tuned in, logged on, cashed up, Part II
News Bolt reported sales of $1.9m and a net loss of $4.4m. Bolt said its revenue would derive from advertising, e-commerce and market research data on its audience.eUniverse, which is waiting for a Nasdaq market listing, reported a December quarter pro...
[February 21, 2000, 10:34]
Compaq hits lowered targets amid slump
News Clarke said the company expects the PC business to post a substantially narrower loss this quarter, and return to profitability by the fourth quarter. Including this charge, the company reported a net loss of $279m (£195m), or 17 cents a share.
[July 26, 2001, 16:51]
AvantGo narrows loss, to cut jobs
News Software maker AvantGo reported a narrower-than-expected second-quarter loss and announced that it will lay off about 40 percent of its work force. The Hayward, California-based company on Wednesday reported a net loss of $4.3m, or 12 cents a share...
[July 25, 2002, 10:00]
Ericsson plans job cuts after sales slump
News Over 20,000 Ericsson employees are facing redundancy after the company announced on Monday that it made a greater than expected loss in the first three months of this year, and expected to make an overall loss in 2002.
[April 22, 2002, 11:04]
Women in IT: Problems and solutions
News Another loss is that of sheer talent. You will find yourself putting in 70- or 80-hour weeks, becoming deeply committed to both the short-term and long-term needs of your career, and this will result in the loss of time spent with family or in...
[June 22, 2005, 16:00]
Alcatel-Lucent hit by further losses
News Alcatel-Lucent is to cut 4,000 jobs and undergo major restructuring after it posted a third-quarter loss of €258m (£180m). A seven-person management committee is to be set up to lead the overall operation of the company, which also suffered a...
[October 31, 2007, 15:08]
Guardian site hack may affect half a million
News While the House of Lords called for a data-breach notification law in July 2008, the government rejected that call in November, saying only that companies should report data-loss incidents "as a matter of good practice".
[October 26, 2009, 16:30]
Letsbuyit.com shuts up shop in the UK
News Co-buying Web site Letsbuyit.com is to close its UK operations and lay off nearly half its staff after announcing a loss of £4.6m for the three months to 30 June. So far this year, Letsbuyit.com has made a loss of £16m.
[August 31, 2001, 10:29]
HP beats forecasts, but will cut jobs
News As for the just-reported quarter, HP said it narrowed the loss in its Enterprise Systems Group -- which includes servers, storage and software -- to $7m, down from $83m a quarter ago. HP also listed a business category called "corporate investments...
[May 21, 2003, 9:58]
With layoffs, Sun eyes profitability
News Analysts expected the company to report a loss of 4 cents, according to First Call. The Santa Clara, California-based server maker reported a first-quarter net loss of $111m (£71m), or 4 cents per share, on revenue of $2.7bn.
[October 18, 2002, 9:06]
