Unisys to cut 3000 jobs
Monday, 22 October, 2001
Unisys has just disclosed plans to cut 3000 jobs as it reported that its earnings slumped 50% in the last quarter.
Larry Weinbach, chairman and chief executive, said that following the September 11 terrorist attacks, customers in the airline, travel, financial services, and communications industries delayed planned information technology purchases.
The company plans to use early retirement incentives in reducing its employee count. It has 37,000 workers.
Related News
Electronex Melbourne reaches record attendance
Electronex returned to Melbourne in 2023, bringing in record numbers of attendees who welcomed...
Power electronics fair returns to Asia in 2023
PCIM Asia is set to make its return from 29–31 August 2023, providing insights on the...
DigiKey debuts rebrand with new logo, brand identity
Global distributor DigiKey has refreshed its look to mark its 50th anniversary, with a new logo,...
