EMC quietly reduces staff

Article Abstract:

In one of the company's largest across-the-board reductions in years, EMC Corp. has downsized several hundred employees from its labor force. The layoffs amount to less than 3% of EMC's 24,000 staff.

Computer Storage Device Manufacturing, Memories & Storage Devices, Computer storage devices, Computer peripherals industry, EMC Corp. (Hopkinton, Massachusetts), EMC

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IBM plans layoffs of around 1,000 in round of cuts

Article Abstract:

International Business Machines Corp. (IBM) is planning to layoff about 1,000 employees in the 2001 summer period. The Alliance at IBM union is calling for less secrecy in the company's layoff plans.

Computer and Office Equipment, Office & Computing Machines, Office equipment, Office equipment and supplies industry, Office equipment industry, International Business Machines Corp., IBM, Layoffs

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Textron expects weak results

Article Abstract:

Textron Inc. forecasted lower-than-expected earnings for the early part of 2001. The company is also planning downsize its labor force by 5% or 3,600 workers.

Diversified Companies, Sales, profits & dividends, Forecasts, trends, outlooks, Textron Inc., TXT

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