In brief: 3M tightens purse strings
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.
Cha...
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Viasystems cuts 1,000 Scottish jobs
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 sai...
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Applied Materials axes 2,000 jobs
Applied Materials, a manufacturer of equipment for the semiconductor industry, has announced it will axe 2,000 staff as the global chip crisis continues unabated.
In a...
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Deutsche Telekom cuts 90 per cent of admin staff
Deutsche Telekom is planning to lay-off 90 per cent of its administrative staff, according to reports from German news sources.
In a drive to further reduce its 188,00...
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Adobe repels Quark offer
Quark has revealed it made an offer to buy beleaguered Adobe Systems last week.
The maker of the popular QuarkXPress desktop publishing software said it expressed an i...
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In brief: Apple to offer golden ticket
Apple is planning a Willy Wonka-style competition. The prize won't be a visit to a chocolate factory but a new Mac of your choice every year for five years.
The 'golde...
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In brief: Healthcare specialist expands UK operations
Healthcare IT specialist HBO & Company (HBOC) has announced plans to relocate its UK headquarters to Warwick with the creation of 100 new jobs.
The international c...
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UK Housing Association signs deal with ICL
The North British Housing Association is to install a communications system based on Windows NT as part of a £4.5m investment programme.
ICL will supply and maintain M...
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Computacenter creates over 600 jobs
Computacenter has announced plans to create more than 600 jobs and invest in company infrastructure.
The move comes as the company reported a 42 per cent rise in pre-t...
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In brief: HP threatens Asian job cuts
Hewlett-Packard has said it may cut jobs in the light of continuing Asian problems. The company has seen sales fall in the region by 13 per cent and will announce the fat...
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