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.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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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.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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