Texas Instruments profit drops 45% on weak semiconductor demand

Article Abstract:

Texas Semiconductor Inc. posted a decline of 45% in its profits for the 2001 first-quarter due to a slowdown in semiconductor sales. The company will also layoff approximately 6% of its workforce or 2,500 workers.

Author: Spagat, Elliot
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Sales, profits & dividends, Semiconductor industry, Management, Texas Semiconductor Inc.

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Layoff reports spook investors in MarchFirst

Article Abstract:

MarchFirst Inc. is planning to layoff 2,000 employees and is attempting to divest some of its assets. The company has a workforce of about 7,000 employees.

Author: Spagat, Elliot
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Prepackaged software, Computer Software, Software Publishers, Strategy & planning, Computer software industry, Software industry, Software, marchFIRST Inc.

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Texas Instruments will cut 2,000 jobs amid soft demand

Article Abstract:

Texas Instruments Inc. is planning to implement layoffs as a result of slow semiconductor product demand. The company is planning to layoff a minimum of 2,000 workers.

Author: Spagat, Elliot
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Other Electrical Equipment and Component Manufacturing, Electronic Components and Accessories, Electronic Components, Electronic components industry, Texas Instruments Inc., TXN

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Subjects list: United States, Planning, Layoffs, Human resource management
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