Cable &amp; Wireless Announces Job Cuts
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Cable &amp; Wireless Group PLC swung to a profit in the first half Wednesday and said it would cut 600 jobs in a reorganization in Europe.
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Cingular Wireless has said it plans to cut at least 10 percent of its workforce -- some 7,000 jobs -- over the next year and a half.
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Cingular Wireless, the nation's largest cellular phone company, plans to cut about 10 percent of its work force, or 7,000 jobs.
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Time Warner&#39;s (TWX:NYSE - news - research) America Online division reportedly plans to cut 700 jobs next month in a concession to declining subscription rates at its flagship Internet unit.
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Cingular Wireless LLC, the largest wireless operator in the US following its $41 billion acquisition of AT&amp;T Wireless Service Inc, plans to axe 7,000 jobs, about 10% of the post-merger workforce.
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The job cuts are a part of the company&#39;s efforts to shift its focus to business services and cut costs amid the competitive long-distance telephone services market.
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London - Cable and Wireless, the struggling British telecoms group, said Wednesday it would cut 600 jobs across Europe, part company with a top executive and shut its London headquarters.
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SBC Communications (SBC) will cut 10,000 jobs from its workforce through the end of 2005 using attrition and involuntary cuts, the company said in a filing with US market regulators on Friday.
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A rash of job cuts â-ore than 16,000 layoffs just this week from a handful of companies, including AT&amp;T Corp. â -e created some gloom on the jobs front.
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Sprint Corp. , said on Friday it plans to reduce by up to 700 jobs in its business solutions unit as it realigns its business to focus on wireless and Internet-based telecommunications offerings.
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The telecommunications firm Cable &amp; Wireless today said it would cut another 600 jobs and return Â£250m to investors as it reaches the halfway mark in a three-year recovery plan.
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LONDON The British Broadcasting Corporation has announced a major cost-cutting move, eliminating about 29-hundred jobs or more than a-tenth of its work force.
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ZDNet&#39;s survey of IT professionals in August kept Wired &amp; Wireless on top for the 18th month in a row. AT&amp;T will cut about 7,000 jobs and reduce the value of its assets by $11.
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Motorola Inc. MOT.N, the world's No.  2 maker of cell phones, on Tuesday said it would cut 1,000 jobs  in three of its units as it puts its effort behind wireless  communications in an increasingly competitive market.
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Cingular Wireless, the nation&#39;s largest cellphone company, will cut about 10 percent of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently
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SEPTEMBER 28, 2004 (REUTERS) - Telecommunications equipment maker Motorola Inc. said today that it would cut 1,000 jobs and take related charges of about $50 million to focus on its wireless business.
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AT&amp;T Corp. (TN: Quote, Profile, Research) will cut about 7,000 jobs and reduce the value of its assets by $11.4 billion due to its retreat from traditional consumer telephone services, the company said on Thursday.