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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.

Author: Pringle, David
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Labor force information, Planning, Human resource management, Layoffs

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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.

Author: Pringle, David
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Joint ventures, Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, Pharmaceutical industry, Drugs, Telecommunications equipment, Oxford GlycoSciences PLC, Confirmant Ltd.

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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.

Author: Pringle, David
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Sales, profits & dividends, Executive changes & profiles, Officials and employees, Forecasts and trends, Appointments, resignations and dismissals, Hurn, Roger, Simpson, George

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Subjects list: United Kingdom, Telecommunications equipment industry, Telecommunications systems, Telent PLC
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