BT shuts down First Call money pit
BT has confirmed it is to close its 800-person First Call unit after spending around £40m in wages in the one year of its existence.
First Call was a controversial uni...
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Microsoft prepares for battle with Be
Microsoft's anti-trust lawyers are preparing to go into battle again - this time with failed operating system maker Be.
In a lawsuit, filed in a federal court in San F...
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AT&T Broadband swings the axe
US-based AT&T Broadband is to cut 500 jobs in an attempt to shift its business focus.
A division-wide email alerted staff to the impending changes, as the company ...
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Best of Reader Comments: "Unworkable" rights for contractors?
European proposals to give temporary workers the same rights as permanent employees have been branded "unworkable" by IT employment agencies and have provoked a storm of ...
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65,000 UK call centre jobs face axe
More than 65,000 British call centre jobs could be lost to India as insurers take advantage of cheaper costs and plentiful supplies of skilled staff.
Axa, Bupa, Church...
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Sprint slashes 3,000 jobs
Sprint is closing five call centres and shedding 3,000 jobs in a cost-cutting exercise.
The lost jobs represent around nine per cent of Sprint PCS' workforce. The comp...
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Real estate site 'in need of some work
US property website homestore.com is axing 300 jobs and selling off certain assets.
In December of last year the company announced it had overstated revenue for 2001 b...
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Philips slashes 12,000 jobs
The Phillips electronics group is cutting 12,000 jobs in an attempt to slash costs.
The group today reported a net loss of E2.6bn (£1.6bn) in 2001 and said the outlook...
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Gemplus CFO joins boardroom exodus
Struggling smartcard maker, Gemplus, admitted yesterday that it lost E100m in 2001.
The company posted revenues of E251m for the fourth quarter 2001 and said it expect...
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Apple wins Grammy
Apple has been awarded the music industry's highest honour - a Grammy award.
The award honours Apple's contribution to studio technology, rather than Steve Jobs' karao...
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