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STMicroelectronics could cut up to 3,000 jobs outside Asia. About 1,500 jobs would be cut and 1,500 positions would be transferred in Asia. STMicroelectronics intents to cut $90m annual expenses via this new restructuring plan. Ypso is the name of the...

IBM could cut up to 13,000 jobs in Europe, or up to 10% of its worldwide workforce. Big Blue will first cut jobs in heavy salaries countries, such as Germany, France and the UK. In Germany, 20,000 people could be concerned, and jobs transfered in Eastern...

Marconi will shortly announce the results of its headcount and operations review following its failure to become BT s 21CN supplier. In a first run, it will cut 800 jobs in the UK, but it is said that two thirds of its U.K. workforce could be concerned....

IBM could cut up to 13,000 jobs in its European operations. Ericsson will shutdown its CDMA headquarters in San Diego, and it will cut around 250 jobs there. Marconi will shortly announce the results of its headcount and operations review following its...

SBC cuts 1800 jobs in 1Q05, and expects to cut 7,000 jobs in 2005. Telstra is expected to cut about 1,500 jobs this year. Microsoft named Chris Liddell as new CFO. Marconi is to cut up to 3,000 jobs, or two thirds of U.K. workforce, as it failed to be...

Ciena hired Ilan Elad and Norbert Pieper to drive partnership program across EMEA. Cingular cut 1,500 employee jobs in 1Q05, and reduced its full-time head count by 4,700.

Teliasonera will fir some 650 jobs, of which 330 will be dismissed. Siebel has named George T. Shaheen as CEO, as former CEO Shaheen, 60, resigned by mutual agreement. He will be the company's third CEO in almost a year. Telecom companies cut workforce...

Motorola named Simon Leung as president of its Asia-Pacific region. Alcatel COO, Philippe Germond, is expected to resign in coming days.

HP has named Mark Hurd as its new CEO. He said his primary focus will be on execution and creating shareholder value. Mark Hurd is coming from NCR. Nortel hired another Cisco guy to become its CTO. After enrolling Gary Daichendt, Nortel has named Gary...

Pasquale Pistorio , 69, STMicroelectronics CEO will leave his armchair. After years of success, he is retiring, and will be replaced by Carlo Bozotti, the STMicroelectronics US branch director. CompTel/Alts CEO H. Russell Frisby left the company. Since...