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14/09/2001
Union leaders hold talks with Marconi
Union leaders are to hold talks with Marconi over the company’s plan to cut 2,000 jobs from its UK workforce.
Some union officials have warned strike action could be called over the way the telecoms firm announced the cuts last week.
The news follows the company’s relegation from the FTSE 100 index of leading listed UK firms. The 2,000 job losses announced last week takes the total number of posts axed by Marconi this year to 10,000.
Unions are worried that it will not be possible to meet all the job losses without compulsory redundancies. They are also expected to protest at the £1 million pay-off to the company's former chief executive Lord Simpson, who resigned last week. (MB)
Some union officials have warned strike action could be called over the way the telecoms firm announced the cuts last week.
The news follows the company’s relegation from the FTSE 100 index of leading listed UK firms. The 2,000 job losses announced last week takes the total number of posts axed by Marconi this year to 10,000.
Unions are worried that it will not be possible to meet all the job losses without compulsory redundancies. They are also expected to protest at the £1 million pay-off to the company's former chief executive Lord Simpson, who resigned last week. (MB)
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23 July 2001
Union leaders campaign against Marconi job cuts
Marconi union officials from across Europe have been asked to support a campaign against the telecom giant's plans to cut thousands of jobs.
Union leaders campaign against Marconi job cuts
Marconi union officials from across Europe have been asked to support a campaign against the telecom giant's plans to cut thousands of jobs.
06 May 2005
800 jobs to go at Marconi
Telecoms equipment manufacturer Marconi has announced that 800 jobs are to go in the UK. 450 jobs are expected to go at the firm’s site in Coventry and another 350 are expected to be lost in Liverpool. Marconi currently employs around 4,300 in the UK. The announcement comes after the company’s failure to secure a new contract with BT.
800 jobs to go at Marconi
Telecoms equipment manufacturer Marconi has announced that 800 jobs are to go in the UK. 450 jobs are expected to go at the firm’s site in Coventry and another 350 are expected to be lost in Liverpool. Marconi currently employs around 4,300 in the UK. The announcement comes after the company’s failure to secure a new contract with BT.
18 January 2002
CIPD urges stronger employer-worker relationships
Employers need to be aware of the latest legislation regarding trade union activity, in view of the recent industrial action by both rail and postal workers, the Chartered Institute of Personnel and Development (CIPD) has warned.
CIPD urges stronger employer-worker relationships
Employers need to be aware of the latest legislation regarding trade union activity, in view of the recent industrial action by both rail and postal workers, the Chartered Institute of Personnel and Development (CIPD) has warned.
05 February 2004
Insurer's closure sees 1,600 jobs axed
Up to 1,600 jobs have been axed by Norwich Union today after it decided to close its national broker subsidiary, Hill House Hammond (HHH). The company said 1,200 redundancies would be compulsory, and around 400 staff will be found alternative roles throughout Norwich Union’s UK-wide redeployment process.
Insurer's closure sees 1,600 jobs axed
Up to 1,600 jobs have been axed by Norwich Union today after it decided to close its national broker subsidiary, Hill House Hammond (HHH). The company said 1,200 redundancies would be compulsory, and around 400 staff will be found alternative roles throughout Norwich Union’s UK-wide redeployment process.
15 October 2001
Marconi reassures investors about debt burden
Marconi has sought to reassure investors that the company is on course to decrease its £4.3 billion debt burden. Commenting on the latest trading figures Chief Executive of Marconi Mike Parton said: "Whilst trading conditions continue to be tough, Group operating profit and cash flow in the second quarter were in line with our previous guidance.
Marconi reassures investors about debt burden
Marconi has sought to reassure investors that the company is on course to decrease its £4.3 billion debt burden. Commenting on the latest trading figures Chief Executive of Marconi Mike Parton said: "Whilst trading conditions continue to be tough, Group operating profit and cash flow in the second quarter were in line with our previous guidance.
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