Critical Path to lay off 43% of its staff, drop products
Article Abstract:
Critical Path Inc. announced that it is planning to downsize its labor force by 450 people as part of a plan to become profitable. The layoffs represent approximately 43% of the company's labor force.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Hewlett-Packard issues warning for 2nd quarter
Article Abstract:
Hewlett-Packard Co. cautioned that it could post lower-than-expected earnings for the quarter ending April 30, 2001. The company expects to post earnings of 13 cents to 17 cents per share for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
BlueArc buzz helps company find 81.4 million euros in financing
Article Abstract:
BlueArc was successful in raising financing worth $72 million (81.4 million euros). BlueArc was helped by the "buzz" that surrounded the company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: British Telecommunications launches 9.7 billion euros offering. BT's $8.5 billion offering dominates Eurobond trading
- Abstracts: Telefonica Moviles net rose by 18.6 million euros in 1st quarter. Moviles Expects Big Returns From Bold Cellular Strategy
- Abstracts: Malaysia's Sime Darby makes 269 million euros offer for Palmco. Softbank venture opens a hub office in Malaysia
- Abstracts: First Pacific's profit in first half fell 74% to 106.6 million euros. 3i Group reports flat profit, reaffirms expansion strategy
- Abstracts: Thornton's Asian IPO fund has China, Hong Kong tilt: vehicle with regional scope also targets resilient stock markets of India and Singapore