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11 June, 2001Job Cuts above 1,000 announced until July 31, 2001, sorted by number of job cuts.
| Companies | Sector | Job Cuts |
| Lucent Technologies | Network equipment | 44,500 |
| Motorola | Mobile phone equipment | 30,000 |
| Nortel Networks | Network equipment | 30,000 |
| Alcatel | Phones / Network equipment | 25,300 |
| Ericsson | Mobile phones / equipment / networks | 22,000 |
| Solectron | Contract network equipment | 20,700 |
| Fujitsu | Semiconductors / computers | 16,400 |
| JDS Uniphase | Optical network equipment | 16,000 |
| ABB | Electronic engineering | 12,000 |
| Philips | Telephone / mobile phone | 11,500 |
| Cisco Systems | Network equipment | 8,500 |
| Siemens | Phones / mobile phones / networking equipment | 7,500 |
| Marconi | Network equipment | 7,000 |
| ADC | Broadband equipment | 7,000 |
| WorldCom Group | Alternative telecom operator | 6,800 |
| Agere Systems | Network components | 6,000 |
| British Telecommunications | Telecoms operator | 6,000 |
| Corning | Fibre-optic components | 5,900 |
| Cable and Wireless | Network operator | 5,500 |
| NTL | Cable operator | 5,000 |
| Matsushita Electric | Electrical / Electronics | 5,000 |
| Infineon | Semiconductors | 5,000 |
| 3Com | Networking components | 4,200 |
| NEC | Electronic devices / IT-hardware | 4,000 |
| Celestica | Contract network equipment maker | 2,900 |
| Cap Gemini | IT Consultant | 2,700 |
| Molex | Interconnection equipment | 2,500 |
| Epcos | Mobile phone components | 2,200 |
| Conexant Systems | Networking components | 2,075 |
| Winstar | Alternative telecoms operator | 2,000 |
| Level 3 Communications | Broadband network operator | 1,400 |
| ECI Telecom | Network equipment | 1,400 |
| Amazon.com | Online retailer | 1,300 |
| Covad Communications | Broadband network operator | 1,200 |
| Nokia | Mobile phone equipment | 1,000 |
| Tellabs | Networking components | 1,000 |
| Total of listed companies: | 333,475 | |
| Sources: Financial Times July 27, 2001, and later; "Der Spiegel", No. 31, 2001 and other Newspapers / Status: August 20, 2001 | ||
| © Robert Steiert (2001) | ||