Unisys to cut 3000 jobs
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.
Photonic chip packaging facility opens in Brisbane
Brisbane has opened a facility dedicated to preparing advanced photonic microchips for use in...
Electronex 2027 brings electronics industry to Melbourne
Electronex 2027 will connect electronics professionals, manufacturers and suppliers in Melbourne,...
Global semiconductor market to reach $1.6 trillion in 2026
AI infrastructure and surging memory demand are driving a semiconductor boom, with global revenue...
