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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1517)7/3/2001 10:11:09 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
200 Nevigator staffers rumoured to be sacked

2001-07-03 09:45

(Infocast News) PCCW (0008) is again rumoured to cut posts. Its Nevigator is said to be the danger zone of staff sacking resulted from the long-term losses. 200 staffers are expected to be influenced. PCCW will announce details tomorrow at the earliest time. PCCW Employees General Union Chairman Cheng Chun-Man notes that following the undertaking of no sacking due in August, the company will come up with the plan of sacking time after time, affecting staff of up to 10%.
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