jobs
RSS jobsBarclaycard cuts 1,100 jobs but increases IT spend
News Barclaycard is to axe 1,100 UK jobs over the next three years, but at the same time, it will make £30m worth of investments - most of which will be spent upgrading its IT infrastructure. Bob Potts, Barclaycard chief... [22 Sep 1998]
Matsushita falls victim to spiralling chip crisis
News Siemens was forced to axe over 1,000 jobs at its North Tyneside plant in the UK. Matsushita Electronics - famous for its Panasonic and Technics brand names - is shelving plans to open a new fabrication plant in Tonami,... [22 Sep 1998]
In brief: Nortel closes UK divisions
News Nortel announced the loss of 586 jobs today with the closure of its two of its UK operations at Paignton, Devon, and Maidenhead, Berkshire. Despite the cuts, Nortel claims it will continue to retain a presence in... [21 Sep 1998]
Nortel slashes 3,500 jobs
News Nortel has announced plans to axe 3,500 jobs over the next three months in a bid to focus on the European market for IP data networking. The telco claims the job cuts will be offset by the recruitment of a similar number... [17 Sep 1998]
UK unions vote to kill off public/private initiatives
News One objection to private money is the risk to public sector jobs, not just from job losses but from decreased security and a lowered standard of benefits. The UK Trade Union Congress (TUC) has voted to call for an end to... [16 Sep 1998]
C&W invests £50M in Ireland
News Cable & Wireless (C&W) has invested £50m in Ireland, creating 300 jobs in Dublin and Shannon. The telecoms equipment provider is making the move just as the Irish telecoms market approaches its December liberalisation. [15 Sep 1998]
In brief: Adaptec axes another 200 jobs
News Storage company, Adaptec, is to cut 200 of its staff in a radical restructuring move. The redundancies are the latest in a series of layoffs totalling 850 so far - around 25 per cent of the company's workforce. [11 Sep 1998]
In brief: Tony Blair to visit doomed chip plant
News British prime minister, Tony Blair will visit the Fujitsu plant in County Durham following the announcement last week that 570 jobs are to be axed. The Newton Aycliffe factory is in Blair's home constituency of Sedgeflied. [07 Sep 1998]
UK suffers as Fujitsu closes chip plant
News Fujitsu confirmed it will close its production facilities in Newton Aycliffe, County Durham, at the cost of 570 jobs. The job losses are the latest in a succession of disruptions hitting memory chip manufacturers - the... [04 Sep 1998]
In brief: Mitsubishi forced to close chip plant
News On Tuesday Hitachi shut its plant in Irving Texas at the cost of 500 jobs. Mitsubishi Electric Corp has become the second US chipmaker in a week to close a fabrication plant. The factory in Durham, North Carolina made... [03 Sep 1998]
C&WC IT operation outsourced to IBM
News C&WC said the deal will also lead to 400 new jobs - a development which should appease the Communications Workers' Union (CWU). Cable & Wireless Communications (C&WC) and IBM have ended weeks of speculation and... [02 Sep 1998]
IBM and C&WC sign £1.8bn outsourcing deal
News Around 1,000 C&WC staff will join Big Blue and 400 jobs will be created. IBM has landed a £1.8bn outsourcing contract from UK-based Cable & Wireless Communications (C&WC). The companies claim the ten year deal is one... [02 Sep 1998]
Siemens sues over DRAM patents
News After group CEO Heinrich von Pierer admitted the unit is likely to lose more than $570m this fiscal year, the company announced the closure of its 16MB DRAM fabrication plant on Tyneside, with the loss of over 1,000 jobs. [01 Sep 1998]
In brief: 3M tightens purse strings
News 3M, the US manufacturing giant, is to undergo a $500m cost cutting exercise, which will see it close plants, trim product lines, and cut 4,500 jobs by end of 1999. Chairman, Livio DeSimone, said the company faces "an... [28 Aug 1998]
Viasystems cuts 1,000 Scottish jobs
News The Scottish border region could lose up to 1,000 jobs as circuit board manufacturer, Viasystems, drastically scales down its production facilities. The US company said it will wind down production at its Selkirk and... [27 Aug 1998]
