Palm posts profits but cuts 250 jobs
Palm beat wall street predictions by one cent, reporting earnings of two cents per share but down three cents on the comparable period last year. Its sales in the third q...
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More dot-com carnage as design agency sacks 70
The cuts will be made at their office in Clerkenwell, London, and will be felt across the board. This represents about 20 per cent of the staff.
Philip Redding, CEO of...
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Take skills crisis more seriously,' politicians urged
In a unique move, the leaders of the British Chambers of Commerce (BCC), the Confederation of British Industry (CBI), and the Institute of Directors (IoD) have put away t...
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Ericsson catches telco job cut fever
Ericsson will cut 1,200 jobs and cease production at UK plants in Scunthorpe and Carlton in Nottinghamshire as part of a plan to outsource handset production to partner f...
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KPN tackles debt mountain
The company's debt spiralled last year with the acquisition of mobile phone licences and a 77 per cent stake in German mobile operator E-plus, reaching a net figure of E2...
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BT scoops £300m outsourcing deal with Liverpool council
These will be followed by more of the council's processes, including revenues and benefits, human resources and payroll, later in the year.
BT claims this will slash t...
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Mac OS X: 'This operating system is not ready yet
Mac OS X has been trailed as the shrink-wrapped software capable of turning users into Steven Spielberg, with its movie making and music manipulation features. Unfortunat...
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4,000 more jobs to go at Motorola
Seven thousand jobs were cut in the handset division earlier this month, bringing the total figure for job losses to 22,000 since December.
The network division was on...
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MP attacks 'four-offices Pinder
The e-envoy, whose role is to unify the electronic delivery of public services, has his effectiveness crippled by spreading his offices over four different locations.
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Online trading famine costs 3,400 Schwab jobs
The US brokerage will get rid of between 11 and 13 per cent of its 25,500 full time employees across the world.
Between 2,000 and 2,300 will be fired during the second...
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