Feeds

DTI reaches out to struggling Marconi

Jobs pow-wow

  • alert
  • submit to reddit

The next step in data security

Troubled telecoms provider Marconi is meeting the DTI today as the government looks for ways to keep some of the firm’s research and development jobs in the UK.

Marconi was clawing its way back to stability until BT announced last month it would not consider the firm for its £10bn next-generation network. Marconi's shares fell 40 per cent on the news.

The company recently announced 800 UK job cuts but there are fears that more engineering jobs may go as a result of the deal signed with Chinese manufacturer Huawei. The two agreed to distribute each other's products and are still discussing plans to jointly develop products.

Marconi chief executive Mike Parton will meet DTI minister Alan Johnson today, according to the FT. Johnson believes the DTI may be able to help with retraining.®

Related stories

Marconi culls 800 jobs
Unions hold powwow with Marconi over job fears
Job fears haunt Marconi
Marconi savaged after failure to win BT 21CN deal

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.