Corning blamed cuts at manufacturing facilities in Pennsylvania and New York on softening demand from the telecommunications industry, but said it expects its optical fibre business to remain strong in its first quarter.
On 21 July, WorldCom filed for Chapter 11 bankruptcy protection after allegations the company had improperly accounted for almost $4bn on its corporate balance sheets during the past five quarters. Chapter 11 is a bankruptcy protection law only...
In a highly competitive industry, extending the potential workforce pool can be extremely important. Rather than relying on one workforce to handle calls for one organisation, some companies are starting to offer pools of agents who can work...
Several top SAP executives have already complained publicly about the Justice Department's decision, which discounts Microsoft and others as viable competitors to SAP and Oracle. Software maker SAP plans to come to the defence of rival Oracle and...
PeopleSoft has split its relationship management enterprise software components into three different databases and data models: human resources; CRM and partner relationship management (PRM); and supply chain, including supplier relationship...
Another boom area is the market for human capital management (HCM) applications, which are designed to help streamline human resources operations - generating $5.5bn in sales last year, a 12 per cent year-on-year increase.