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Tech
Chiefs enter '03 with dim hopes
Davos: Technology executives scrambled to tone
down expectations for 2003 this week after hard-learned
lessons that their customers cannot predict the future.
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Job
cuts in London could touch 35,000 by year-end
London: Job cuts in the City of London, Europe's
financial hub, could rise to 35,000 by the end of this
year because of the financial market downturn, according
to new estimates published on Sunday.
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Bush
proposes raises based on performance for workers
Washington: President George W Bush will propose
a sweeping change in government-wide pay policies, calling
for creation of a $500-million fund to provide raises
to federal workers based on their performance while increasing
the highest possible pay to $154,700, officials said.
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Swiss
planning more fleet, job cuts
Swiss International Air Lines, the state-sponsored flag
carrier created after the collapse of Swissair, is considering
further fleet cuts because traffic remains slow, a spokeswoman
said on Sunday.
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