Marconi cuts 800 jobs
Mark Tran writes in The Guardian that:
The telecoms equipment maker Marconi today announced the loss of 800 jobs one week after missing out on a major contract from BT, a key customer.
Marconi had signalled that jobs would go after it failed to win any work in connection with a £10bn overhaul of BT's network. But the redundancies were less than had been feared.
posted by Fergie @ 5/06/2005 05:27:00 AM
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