MCI WorldCom pumps $800m into European network
MCI WorldCom - the newly formed telecoms giant - is injecting $800m into its European network.
The company will expand its optical fibre network from 3,200km to 7,150k...
|
|
Churchill to open Teeside call centre
Churchill Insurance has announced it will create 250 jobs on Teeside as it expands its sales and customer service operations with a state-of-the-art call centre.
A spo...
|
|
Prudential creates 1,500 jobs with online banking launch
Finance group Prudential is to bring 1,500 jobs to the UK with the launch of a range of online services under the brand 'Egg'.
Prudential claims two-thirds of all fina...
|
|
National Semiconductor cuts 700 Scottish jobs
US chip giant, National Semiconductor, is to cut 700 jobs at its plant in Greenock, Scotland. The company is blaming the continued downturn in the chip market for the los...
|
|
HP cuts worldwide workforce by 2,500
Hewlett-Packard (HP) is to cut 2,500 jobs from its worldwide workforce through voluntary redundancies. The company is offering six months salary and half a month's pay fo...
|
|
Compaq cuts up to 5,000 European jobs
Compaq is to cut between 4,000 and 5,000 jobs from its European workforce.
Hardest hit are its French and German operations, which the company hopes to drag back into ...
|
|
Viasystems sheds 1,000 jobs as Scottish plants close
Viasystems has confirmed it will close its two production plants in Scotland with the loss of about 1,000 jobs.
The US company is the world's second largest manufactur...
|
|
IT complexity costs top UK firms dearly
The UK's top 1,000 companies are losing over £4bn per year as employees try to get to grips with complex IT systems, according to a survey by Sqribe Technologies.
The ...
|
|
UK government still searching for chip plant saviour
Reports in the national press today that Siemens has failed to find a buyer for its Tyneside chip plant in the UK have been strongly denied by a Department of Trade and I...
|
|
Outsourcing firm creates 400 jobs in Northern Ireland
Northern Irish Office Economy Minister, Adam Ingram, has announced that over 400 new jobs are to be created in Belfast by a local IT outsourcing company. In a prepared st...
|
|