Wednesday, May 22, 2002

Siemens industrial services unit to cut 2,000 jobs, sell marginal business to cut losses "The industrial services division of German electronics and engineering group Siemens AG said Wednesday it plans to eliminate 2,000 jobs, or 6.7 percent of its work force, and sell businesses employing thousands more to cut costs and curb losses. Most of the job cuts would be within Germany." "The division said marginal activities including businesses making circuit boards and operating repair shops would be ''acquired and maintained by partners,'' a move affecting 5,000 employees 1,300 of them outside Germany." "The division employs 30,000 people worldwide to supply and maintain industrial equipment and help manufacturers improve plants with new technology, but has lost business to smaller rivals providing routine servicing for industrial plants." 11:35:26 AM  Google It!  comment  []

At I.B.M., a Tinier Transistor Outperforms Its Silicon Cousins "I.B.M. researchers have created carbon nanotube transistors that  substantially outperform models of even advanced silicon devices without departing from the most common design of silicon chips." "The I.B.M. transistors also have a higher capacity for carrying electrical current — a measure related to transistor speed — than previously designs using nanotubes." 8:34:26 AM  Google It!  comment  []