German hi-tech sector hopes to create 10,000 new jobs in 2005
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The German computer and telecommunications sector hopes to create around 10,000 new jobs next year, as the hi-tech industry gets back on its feet, according to the head of the Bitkom industry federation.
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SBC Communications (SBC) will cut 10,000 jobs from its workforce through the end of 2005 using attrition and involuntary cuts, the company said in a filing with US market regulators on Friday.
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The European Union on Thursday authorized Germany to give $165 million for research on Internet search-engine technologies that could someday challenge U.S. search giant Google Inc.
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By Paul Monies, The Daily Oklahoman  Dec. 8--Five manufacturers across the state plan to add more than 1,000 jobs in the next 10 years as they qualified for the state's Quality Jobs program, the Commerce Department said Thursday.
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The European Computer Telecoms Group (ECT), Europe's leading supplier of intelligent value-added services, is one of the most rapidly expanding technology companies in Germany.
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Europe needs to create 'good jobs and fair conditions,' German Chancellor Angela Merkel said Thursday as the EU's executive arm promised guidelines for more flexible labor laws to promote job growth.Comment
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The number of people looking for work in Germany rose in August, as the modest economic recovery was not enough to create any new jobs in the eurozone's biggest economy, official data showed.
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German Chancellor Gerhard Schroeder has staked his future on market-friendly economic reforms and is taking a hands-off approach to job losses at major companies such as car maker Opel and retailer Karstadt.
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German business confidence unexpectedly spiked in December, raising hopes for an overall European economic rebound, the Financial Times reported.
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A solid economic recovery has slashed the number of jobless in Germany in August by about 10,000 people to 3.705 million, the Federal Labour Agency said Thursday.
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Tough economic times in Germany have made Linux and other open source software products appear tantalizing to local businesses.
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The Web search company plans to hire several thousand engineers in Europe to create a research and development team.
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Industrial output in Germany rose by 1.9 percent in January, after edging up by 0.1 percent the previous month, data published by the German Economy and Technology Ministry showed on Thursday.
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Germany's economy, the largest in Europe, will grow more slowly than expected both this year and next, two top research institutes said Thursday.
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The German government is counting on job market reforms to lower unemployment in 2005, while predicting growth of at least 1.5 percent of gross domestic product (GDP), according to a draft report quoted by the Welt am Sonntag newspaper.
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Infineon said the worldwide automotive semiconductor market is expected to experience substantial growth of about 10 percent over the next few years.
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Germany's jobless rate dropped to 10.3 percent in September from 10.5 percent a month earlier, but the country's economic recovery has yet to make any real impact on stubbornly high unemployment, the government's labor office said Tuesday.