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Handheld maker Psion cuts 250 jobs

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本文发表在 rolia.net 枫下论坛Jul. 11, 2001. 04:09 PM

Handheld maker Psion cuts 250 jobs

Struggling consumer products division also delays Bluetooth products
LONDON (AP-CP) - Handheld computer maker Psion PLC said Wednesday it will delay the launch of consumer products using Bluetooth wireless communications technology and cut 250 jobs.

Psion said it is shifting its focus to industrial and enterprise markets as its consumer products division, Psion Digital, struggles amid a glut of handheld computers and cellular phones. Revenue at that division fell by half last year, to 36 million pounds.

Revenue at the Psion Teklogix division, created last year after the company acquired Canadian-based Teklogix International for $544 million (Canadian), grew to 63 million pounds in the first half.

That compared with 17 million pounds generated by Psion's enterprise division a year ago before it was merged with Teklogix, of Mississauga, Ont., which makes rugged computing and communications equipment used in warehouses and other industrial settings.

London-based Psion said the job cuts from its workforce of 1,300 people are part of a restructuring at Psion Digital that will cost 29 million pounds. The streamlining comes four months after the division was created in a merger of three consumer-related divisions.

''Psion is essentially saying, 'The consumer market is too fickle for us. It's just not worth the trouble,' '' said Michael Blogg, an industry analyst at ING Barings Charterhouse Securities.

In reaction to its bleak sales forecast, Psion Digital has shelved its launch of Bluetooth-enabled consumer products, previously planned for the second half of the year.

Bluetooth - a radio technology that allows notebook computers, mobile phones and other portable devices to communicate over short distances - has been billed as the next great advance in portable computing.

Psion is one of 1,300 manufacturers that have agreed to use Bluetooth as a standardized wireless device link.更多精彩文章及讨论，请光临枫下论坛 rolia.net
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Last Updated: 2001-7-11
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  • 相约北美 / 移民留学 / IBM trims PC, sales staff -guest:guest; 2001-7-11 {2290} (#128377@0)
    本文发表在 rolia.net 枫下论坛IBM trims PC, sales staff
    Big Blue says job actions are part of 'routine evaluations' of skills
    July 11, 2001: 2:32 p.m. ET
    NEW YORK (Reuters) - International Business Machines Corp., which confirmed last week it was laying off nearly 1,500 workers in its global services unit, is letting other employees go in its personal computer business and its sales and distribution operation, a spokesman said Wednesday.

    The job cuts at the world's largest computer maker were part of routine evaluation of workers' skills, spokesman John Bukovinsky said.

    "It's a skills re-balancing we do on a consistent basis, year after year," he said. "The most significant fact is that we expect our employee population to be higher this year."

    The Armonk, N.Y., company said last week it was cutting nearly 1 percent of the 150,000 workers in global services. It had added 10,000 workers in that unit in the first five months of this year.

    At the beginning of 2001, IBM had a total of 316,303 employees.

    "There are limited actions in certain units -- services, PCs -- and there are some folks in sales and distribution," Bukovinsky said. "It's a little different than other companies saying they are laying off people."

    Other computer makers, such as Compaq Computer Corp. and Dell Computer Corp., have slashed jobs to shore up profits amid sluggish sales throughout the computer industry.

    A Web site of Alliance at IBM, a unit of the Communications Workers of America union, said sales and distribution employees in many locations "have just been notified of 30 days until termination."

    "We're hearing of sales and distribution cuts, about 540," said Lee Conrad, national organizer for Alliance at IBM and a former IBM employee. "I think this is just the tip of the iceberg."

    Bukovinsky said he couldn't confirm the sales and distribution number, adding that it is difficult to pinpoint a total number as any layoffs are occurring on a unit-by-unit basis.

    "The only thing I'm aware of is 150 people out of the PC business," he said, "It's unit-by-unit as they see fit."

    The largest Hungarian unit of IBM cut staff by 500, to a total of 5,500, a local paper reported last week.

    "Those 500 workers were contractors," Bukovinsky said.更多精彩文章及讨论，请光临枫下论坛 rolia.net
    • Handheld maker Psion cuts 250 jobs -guest:guest; 2001-7-11 {2006} (#128378@0)
      本文发表在 rolia.net 枫下论坛Jul. 11, 2001. 04:09 PM

      Handheld maker Psion cuts 250 jobs

      Struggling consumer products division also delays Bluetooth products
      LONDON (AP-CP) - Handheld computer maker Psion PLC said Wednesday it will delay the launch of consumer products using Bluetooth wireless communications technology and cut 250 jobs.

      Psion said it is shifting its focus to industrial and enterprise markets as its consumer products division, Psion Digital, struggles amid a glut of handheld computers and cellular phones. Revenue at that division fell by half last year, to 36 million pounds.

      Revenue at the Psion Teklogix division, created last year after the company acquired Canadian-based Teklogix International for $544 million (Canadian), grew to 63 million pounds in the first half.

      That compared with 17 million pounds generated by Psion's enterprise division a year ago before it was merged with Teklogix, of Mississauga, Ont., which makes rugged computing and communications equipment used in warehouses and other industrial settings.

      London-based Psion said the job cuts from its workforce of 1,300 people are part of a restructuring at Psion Digital that will cost 29 million pounds. The streamlining comes four months after the division was created in a merger of three consumer-related divisions.

      ''Psion is essentially saying, 'The consumer market is too fickle for us. It's just not worth the trouble,' '' said Michael Blogg, an industry analyst at ING Barings Charterhouse Securities.

      In reaction to its bleak sales forecast, Psion Digital has shelved its launch of Bluetooth-enabled consumer products, previously planned for the second half of the year.

      Bluetooth - a radio technology that allows notebook computers, mobile phones and other portable devices to communicate over short distances - has been billed as the next great advance in portable computing.

      Psion is one of 1,300 manufacturers that have agreed to use Bluetooth as a standardized wireless device link.更多精彩文章及讨论，请光临枫下论坛 rolia.net
    • Gemplus to cut 450 jobs -guest:guest; 2001-7-11 {2283} (#128381@0)
      本文发表在 rolia.net 枫下论坛POSTED AT 10:19 AM EDT Wednesday, July 11

      Gemplus to cut 450 jobs

      Reuters News Agency Paris 更多精彩文章及讨论，请光临枫下论坛 rolia.net

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