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Verizon to cut 13,000 fixed line workers

Verizon to cut 13,000 fixed line workers

US carrier Verizon Communications announced plans to cut a further 13,000 fixed line staff this year, as operating income for the fourth quarter of 2009 dropped 11.5 per cent year on year.

Sony Ericsson launches Android, Symbian developer tools

Sony Ericsson launches Android, Symbian developer tools

Handset manufacturer Sony Ericsson has launched a cross platform development tool catering to Android and Symbian developers.

NSN sharpens axe; 6,000 heads on the block

NSN sharpens axe; 6,000 heads on the block

Infrastructure vendor Nokia Siemens Networks (NSN) said Tuesday that almost 6,000 staff face the axe as it seeks to reduce annualised operating expenses and production overheads by €500m by the end of 2011.

Sony Ericsson shrinks loss in second quarter

Sony Ericsson shrinks loss in second quarter

The fortunes of flagging handset vendor Sony Ericsson improved a little during the second quarter of 2009, with the firm reporting a loss of Eur213m, compared to a profit of Eur6m for the same period last year.

Communication is still king

Brendan O’ Mahony, chief executive of the Institute of Telecommunications Professionals (ITP) talks about key issues affecting telecommunications workers.

Another 490 jobs go at Nokia

Another 490 jobs go at Nokia

Finnish handset vendor Nokia, the world’s largest in terms of shipments, announced plans to cut 490 positions on Tuesday as part of its belt tightening strategy.

BT cuts 15,000 jobs

BT cuts 15,000 jobs

UK incumbent carrier BT is to slash around 15,000 jobs as it struggles to offset weaknesses in its Global Services division.

Zain cuts 2,000 jobs

Zain cuts 2,000 jobs

Kuwait-based carrier Zain announced a cost cutting plan this week, which it claims will propel the company toward its target of being a top ten operator by 2011.

Sony Ericsson faces ‘new market reality’, cuts 2,000 jobs

Sony Ericsson cuts 2,000 more

Struggling handset vendor Sony Ericsson’s first quarter loss before taxes came in at the lower end of expectations on Thursday, dropping to Eur368m. For the first three months of 2009, the firm reported a net loss of Eur293m, compared to a profit of Eur133m in the same period last year.

Moto to take additional hit of $110m in first quarter

Moto to take additional hit in 1Q09

Beleaguered US vendor Motorola is to take an additional pre tax hit of $110m for the first quarter of 2009, in relation to previously announced workforce reductions.