Multinationals operating in the electronics and technology sector in Ireland:
Gateway: The company is cutting 10 per cent of its global workforce due to falling demand for PCs. Its operation in Dublin, which employs 1,600 people, will face job losses.
Hewlett-Packard: The firm employs more than 2,000 in Leixlip, Co Kildare, and another 120 people at its sales operation in Dublin. It issued a profits warning this week over weaker-than-expected demand for its products.
Dell Computers: The PC maker which employs some 4,500 people in Limerick, Bray, Co Wicklow, and Dublin has seen its share value fall from a 52-week high of $59.68-3/4 to $22.25 this week following a profit warning.
Apple Computer: Apple Computer, which employs 1,000 people in Cork, fell to $17.19 yesterday, some 77% per cent below its 52-week high of $75.
Xerox: The copier maker, which is scheduled to employ more than 4,000 people in Dublin and Dundalk, is implementing a $1 billion cost-cutting plan. Last week it had to deny a report that it had appointed a bankruptcy adviser.
Motorola: The mobile phone manufacturer shed 750 jobs last month when it announced it would outsource manufacturing at its plant in Swords. The company, which employs a more than 500 people in Cork, announced a profits warning last week.
Nortel: The telecoms equipment manufacturer, which employs 3,500 in Belfast, Galway, Shannon and Dublin, announced 4,000 jobs cuts worldwide this week.