Companies swing jobs axe in 2001
More than 400,000 job cuts have been announced by late August, 2001 as companies around the world wrestle with slowing growth and plunging demand.
Here's a list of companies in the Technology and Telecom sector that announced layoffs in 2001. Note this list was created before September 11, 2001
Technology:| Toshiba Corp | August | 18,800 |
| Fujitsu Ltd | August | 16,400 |
| JDS Uniphase Corp | Over 2001 | 16,000 |
| Philips | Over 2001 | 10,000 |
| Cisco Systems | April | 8,500 |
| Compaq | July | 8,000 |
| Hewlett-Packard | July | 6,000 |
| Corning Inc | Over 2001 | 7,800 |
| Infineon | July | 5,000 |
| Gateway Inc | August | 4,600 |
| NEC Corp | July | 4,000 |
| Equant NV | August | 3,000 |
| Cap Gemini | June | 2,700 |
| IBM | July | 1,500 |
| Iomega Corp | August | 1,250 |
| Tellabs | August | 1,000 |
| Motorola | Over 2001 | 30,000 |
| Nortel Networks Corp | Over 2001 | 30,000 |
| Ericsson | July | Up to 22,000 |
| Lucent | July | 15,000-20,000 |
| Alcatel | July | 14,000 |
| Siemens | May-July | 10,000 |
| ADC Telecommunications | Over 2001 | 9,500 |
| Marconi | July-Sept | 6,000 |
| British Telecom | Over 2001 | 6,000 |
| Avaya | June-July | 5,000 |
| NTL | July | 4,300 |
| WinStar Communications | Apr&July | 2,950 |
| Global Crossing | July | 2,000 |
| Ascom Holding AG | June | 1,100 |
| Nokia | March-June | 1,000 |
| Sonera | Aug | 1,000 |