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Baltimore to cut work force by 20% as it tries to stem a flow of red ink

Article Abstract:

Baltimore Technologies PLC announced that it will layoff approximately 20% of its work force in order to prevent depleting its cash assets. The planned layoffs amount to 250 employees.

Author: Pringle, David
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, Computer software industry, Software industry, Software, Human resource management, Baltimore Technologies PLC, BLM

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Marconi sees profits plunging, announces 4,000 more job cuts

Article Abstract:

Marconi PLC announced it will layoff 4,000 additional jobs due to the drop in its profits. The company also forecasted a 50% decline in its operating profits for the year ending March 31, 2001.

Author: Pringle, David
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Telephone and telegraph apparatus, Telephone Apparatus Manufacturing, Sales, profits & dividends, Telephone & Telegraph Eqp NEC, Management, Telecommunications equipment industry, Telecommunications systems, Telent PLC, GNELY

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Subjects list: United Kingdom, Planning, Layoffs
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