| Companies |
Sector |
Job Cuts |
| Lucent Technologies |
Network equipment |
44,500 |
| Motorola |
Mobile phone equipment |
30,000 |
| Nortel Networks |
Network equipment |
30,000 |
| Alcatel |
Phones / Network equipment |
25,300 |
| Ericsson |
Mobile phones / equipment / networks |
22,000 |
| Solectron |
Contract network equipment |
20,700 |
| Fujitsu |
Semiconductors / computers |
16,400 |
| JDS Uniphase |
Optical network equipment |
16,000 |
| ABB |
Electronic engineering |
12,000 |
| Philips |
Telephone / mobile phone |
11,500 |
| Cisco Systems |
Network equipment |
8,500 |
| Siemens |
Phones / mobile phones / networking equipment |
7,500 |
| Marconi |
Network equipment |
7,000 |
| ADC |
Broadband equipment |
7,000 |
| WorldCom Group |
Alternative telecom operator |
6,800 |
| Agere Systems |
Network components |
6,000 |
| British Telecommunications |
Telecoms operator |
6,000 |
| Corning |
Fibre-optic components |
5,900 |
| Cable and Wireless |
Network operator |
5,500 |
| NTL |
Cable operator |
5,000 |
| Matsushita Electric |
Electrical / Electronics |
5,000 |
| Infineon |
Semiconductors |
5,000 |
| 3Com |
Networking components |
4,200 |
| NEC |
Electronic devices / IT-hardware |
4,000 |
| Celestica |
Contract network equipment maker |
2,900 |
| Cap Gemini |
IT Consultant |
2,700 |
| Molex |
Interconnection equipment |
2,500 |
| Epcos |
Mobile phone components |
2,200 |
| Conexant Systems |
Networking components |
2,075 |
| Winstar |
Alternative telecoms operator |
2,000 |
| Level 3 Communications |
Broadband network operator |
1,400 |
| ECI Telecom |
Network equipment |
1,400 |
| Amazon.com |
Online retailer |
1,300 |
| Covad Communications |
Broadband network operator |
1,200 |
| Nokia |
Mobile phone equipment |
1,000 |
| Tellabs |
Networking components |
1,000 |
| Total of listed companies: |
333,475 |
|
| Sources: Financial Times July 27, 2001, and later; “Der Spiegel”, No. 31, 2001 and other Newspapers / Status: August 20, 2001 |
| © Robert Steiert (2001) |
