ESS Technology says cuts workforce by 25 percent
608950
ESS Technology Inc. ESST.O said   on Monday it expects quarterly revenue of $19 million to $23   million, below analyst estimates, and that it has cut its   workforce by 25 percent since the end of the second quarter.
470865
Papermaker and forest products company Svenska Cellulosa AB said Tuesday it would cut 1,200 jobs, or 2.4 percent of its overall work force, as it seeks to cut costs amid competition from rivals and declining demand. Most of the job losses will be at plants in France and the Netherlands.
577753
Swiss drugs firm Novartis says it is cutting about 1,250 US jobs as it reorganises its management.
207372
Siemens AG plans to cut 1,250 jobs in its wireline network business as it restructures the unit, the German engineering giant said Friday.
157627
Oct. 07, 2004. Unisys plans to cut 1,400 jobs, or nearly 4 percent of its workforce, and consolidate some facility space, moves that will help yield annualized savings of about $70 million a year by 2005.
483861
German drugmaker Schering AG said Tuesday it plans to cut 1,250 jobs globally by the end of 2005 as part of a plan to increase efficiency.
685137
Nortel Networks Corp. will cut 10 percent of its workforce, or around 3,500 jobs, to reduce costs.
419467
The cellphone-network equipment maker said that it would cut up to 4,000 jobs, about 5.4 percent of its work force, after profit plunged 42 percent in the fourth quarter.
524930
Network gear maker Enterasys Networks  Inc. ETS.N on Friday said it would cut about 115 jobs and  said expects to record severance charges of $3.5 million to  $3.8 million.
737093
Chip maker chips away at work force, cuts 7500 jobs.
243171
DALLAS - Electronic Data Systems Corp. could cut 15,000 to 20,000 jobs - up to one-sixth of its work force - over about two years to help reduce costs by about $3 billion, chief executive Michael H...
37116
The mortgage lender IndyMac Bancorp said that it would cut its work force by 24 percent.
689962
SBC Communications says it may cut about 10,000 jobs by the end of next year, which would equal, 6% of its workforce. The cuts are a result of customers switching from regular phone lines to cellular and voice-over internet services.
208168
Electronic Data Systems, the information technology services company founded by former presidential candidate H. Ross Perot, may cut up to 20,000 jobs over the next two years.
601930
Advanced Micro Devices managed to reduce the maximum thermal output of its newly released 90 nanometer Opteron server processors by 25 percent compared to the previous generation, the company said Wednesday.
217935
Mortgage lender IndyMac Bancorp Inc. said Tuesday it will slash its work force by 24 percent, laying off 2,403 employees in a bid to cut costs as it tries to weather the worsening housing slump and sagging demand for home loans.
654125
Computer Associates International Inc. (CA.N: Quote, Profile, Research) will lay off about 5 percent of its work force in an attempt to cut costs, the Wall Street Journal reported on Wednesday.