French telecom equipment company Alcatel-Lucent plans to cut 5,000 jobs after reporting a net loss of $308 million in the second quarter, it said on Thursday. A performance program announced by the company will also involve exiting or ...
Tags: telecom equipment company, jobs, net loss, second quarter
IDG News Service - Research In Motion will let its customers pick and choose individual BlackBerry services such as security and mobile device management after it introduces the long-awaited BlackBerry 10 platform next month. Offering ...
Tags: Research In Motion, BlackBerry services, mobile device
The BBC is is holding back on developing a bring your own device (BYOD) as it "does not like to be at the bleeding edge" of technology, the organisation's data and reporting improvement manager, Simon Griffiths, has told Computing. ...
Tags: BBC, BYOD, the bleeding edge
Chancellor of the Exchequer George Osborne has revealed the 12 cities awarded funding for superfast broadband roll-out in the second phase of the government’s ‘super-connected cities’ programme. He made the announcement ...
Almost 60% of IT executives have a plan in place to retire applications, according to a UK study by Accenture. The survey of 250 IT executives and 250 business executives in companies with 1,000 or more staff found that the amount of IT ...
Tags: IT executives, IT systems, Legacy Budget, cloud
But the infrared imaging company increased earnings despite sharp year-over-year contraction in sales. Electrical fault? The CEO of FLIR Systems has described the thermal imaging company's second financial quarter of 2012 as"extremely ...
Tags: FLIR Systems, infrared imaging, profit, cost-saving, Optic
Ericsson said it would charge SEK8bn to offset the reduction of SEK8bn of its earnings Q4 2012. Ericsson is demanding a $1.2bn charge to write off its exposure to ST-Ericsson, a venture that produces cellphone components. Established in ...
Tags: Consumer Electronics, Electrical, Electronics, Ericsson
European businesses will only need three quarters of a desk per employee by 2020 due to the impact of remote working. According to a survey of almost 2,000 senior IT decision makers commissioned by Citrix, large organisations are already ...
Tags: European businesses, desk, remote working, IT budget
Fin led the team that designed the packaging for the client's most successful hair care brand,"Z."It resulted in sales of a$billion a year.But here he was,three years later,responding to an RFP from the same company,the same team,even the ...
Tags: the Walmart effect, procurement
One-fifth of UK companies are assigning financial value to their data, according to Dynamic Markets, a UK-based market research firm The firm's research is one of three pieces sponsored by analytics software and services company SAS. The ...
Tags: analytics software, chief financial officers, Dynamic Markets
CSC has stemmed losses in its 10-year outsourcing deal with Royal Mail through a combination of job cuts, tax breaks and relief payments, according to an analysis of eight years of published accounts for the venture. The supplier signed ...
Tags: CSC, job cuts, tax breaks, relief payments
Kolkata-headquartered, container glass-maker, Hindusthan National Glass and Industries Ltd (HNG), expects its margins to be subdued for the next four-to-six quarters. For the latest quarter ended June 30, HNG's operating margin — ...
Tags: Kolkata, HNG, container glass-maker, glass
Telecoms kit maker Alcatel-Lucent is to cut 5,000 jobs as part of a move to save EUR750m (GBP 588m) amid results which saw the company haemorrhaging profits for the second quarter. For the three months to June, the company lost EUR254m in ...
Tags: Telecoms, haemorrhaging profits, second quarter, company news
The coatings industry in Europe has been bracing itself for an extremely difficult 2012 in which much of the region will be suffering from the effects of a severe economic downturn mainly due to the impact of the troubles with the euro on ...
Tags: coatings industry, Europe, OECD, severe economic downturn
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food