Menu
27/08/2001
Further jobs cuts for electronic sector as axe falls at Toshiba
Following the recent collapse in computer chip prices, electronics giant Toshiba is to axe around 18,800 jobs.
Confirming reports that Toshiba is to cut its global workforce by ten per cent, the company also revealed it is set explore a tie-up with European rival Infineon, which has reported a slump of almost two thirds in profits at its memory chip division.
Toshiba’s move follows last week’s announcement that Fujitsu was cutting over 16,000 jobs worldwide.
Toshiba blamed the job losses on a deteriorating business climate which has affected firms in technology sectors particularly badly.
Meanwhile, an unconfirmed report by a Japanese Sunday newspaper claimed that Hitachi, Japan's largest electronics manufacturer, was also considering cutting 20,000 posts.
On Monday the company confirmed it was to cut 800 jobs by March at its electronic materials and household chemicals unit, Hitachi Chemical. (MB)
Confirming reports that Toshiba is to cut its global workforce by ten per cent, the company also revealed it is set explore a tie-up with European rival Infineon, which has reported a slump of almost two thirds in profits at its memory chip division.
Toshiba’s move follows last week’s announcement that Fujitsu was cutting over 16,000 jobs worldwide.
Toshiba blamed the job losses on a deteriorating business climate which has affected firms in technology sectors particularly badly.
Meanwhile, an unconfirmed report by a Japanese Sunday newspaper claimed that Hitachi, Japan's largest electronics manufacturer, was also considering cutting 20,000 posts.
On Monday the company confirmed it was to cut 800 jobs by March at its electronic materials and household chemicals unit, Hitachi Chemical. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
31 July 2001
NEC shed 600 jobs as memory chip production halts
NEC has confirmed that the company is to axe 600 jobs at the firm’s semiconductor production facility in Scotland. Despite an £80 million investment made last year and a restructuring plan that had aimed to keep up production of the chips used in home computers, a collapse in the market price has prompted NEC to pull out of the market altogether.
NEC shed 600 jobs as memory chip production halts
NEC has confirmed that the company is to axe 600 jobs at the firm’s semiconductor production facility in Scotland. Despite an £80 million investment made last year and a restructuring plan that had aimed to keep up production of the chips used in home computers, a collapse in the market price has prompted NEC to pull out of the market altogether.
09 July 2002
Flextronics to close Limerick at cost of 250 jobs
Around 250 jobs are to be axed by electronic manufacturer Flextronics after the company announced it is to close it’s manufacturing plant in Limerick.
Flextronics to close Limerick at cost of 250 jobs
Around 250 jobs are to be axed by electronic manufacturer Flextronics after the company announced it is to close it’s manufacturing plant in Limerick.
28 October 2016
UUP Respond To Bombardier Redundancies
The Ulster Unionist Economy spokesperson, Steve Aiken, and Andy Allen MLA for East Belfast, have made statements regarding the announcement that Bombardier plans to complete 1,080 redundancies previously planned for 2017 within months.
UUP Respond To Bombardier Redundancies
The Ulster Unionist Economy spokesperson, Steve Aiken, and Andy Allen MLA for East Belfast, have made statements regarding the announcement that Bombardier plans to complete 1,080 redundancies previously planned for 2017 within months.
02 May 2006
Jobcentre staff begin two-day strike
Around 90,000 staff working in Jobcentres, benefit offices and the Child Support Agency have begun a 48-hour strike in protest over job cuts. The strike follows the collapse of talks between union officials and the government over proposals to cut 30,000 jobs.
Jobcentre staff begin two-day strike
Around 90,000 staff working in Jobcentres, benefit offices and the Child Support Agency have begun a 48-hour strike in protest over job cuts. The strike follows the collapse of talks between union officials and the government over proposals to cut 30,000 jobs.
02 November 2001
Prudential Belfast branch threatened as 2,100 jobs axed
Britain's second biggest insurance group, the Prudential has announced that it will axe 2,100 jobs, some of which may be in Belfast. The jobs, which will go by the end of 2003, are part of a company-wide restructuring. One thousand of the job cuts will be compulsory redundancies from back-office and support services.
Prudential Belfast branch threatened as 2,100 jobs axed
Britain's second biggest insurance group, the Prudential has announced that it will axe 2,100 jobs, some of which may be in Belfast. The jobs, which will go by the end of 2003, are part of a company-wide restructuring. One thousand of the job cuts will be compulsory redundancies from back-office and support services.
-
Northern Ireland WeatherThis Evening and Tonight:Apart from a little patchy drizzle it will be a dry evening and night with variable amounts of cloud. A few mist and fog patches forming. Minimum temperature 7 °C.
