Marconi plans layoffs of 3,000 in global staff
Article Abstract:
Marconi PLC is planning to layoff 3,000 workers around the world. The move is a response to the struggling telecommunications equipment demand worldwide.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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U.K.'s Oxford (Oxford GlycoSciences PLC), Marconi form joint venture
Article Abstract:
Marconi PLC has formed a joint venture with Oxford GlycoSciences PLC. The joint venture company, Confirmant Ltd., will manage information technology for the biotech firms, make databases mapping proteins in the human body available to pharmaceutical companies, and eventually provide online diagnostic services.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Marconi's chairman and CEO resign; firm predicts loss
Article Abstract:
Marconi PLC said that Lord George Simpson, its chief executive, and Roger Hurn, its chairman, both resigned from their posts. The company also forecasted lower profits for the 2001 first-half.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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