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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?

To: Jim Oravetz who wrote (2716)	4/10/2001 12:56:50 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 2882

Siemens to cut 2,000 jobs at mobile handset unit By Bettina Wassener in Frankfurt and FT.com staff Published: April 10 2001 10:28GMT Siemens, the German electronics and engineering group, said on Tuesday it planned to shed about 2,000 temporary jobs, or 25 per cent of staff, at its mobile phone handset production unit in response to falling demand in the sector. Siemens said it would not extend temporary contracts for 2,000 workers at its three German production sites, which currently employ around 8,000 people in total. snip.... May lead to lower sales of ADI's Othello chipset. Jim