Marconi bosses quit and jobs axed after new profit warning

Marconi's chairman and chief executive have resigned after the company issued its second profit warning in two months and axed a further 2,000 jobs.

Marconi bosses quit and jobs axed after new profit warning
Tue, 04 Sep, 2001 - 12:16

Marconi's chairman and chief executive have resigned after the company issued its second profit warning in two months and axed a further 2,000 jobs.

The telecoms equipment group says the job losses will be in addition to 8,000 announced earlier this year.

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