Union leaders to meet with Marconi over job cuts

Union leaders are to meet with Marconi over its plans to cut
2,000 jobs from its workforce.

The Manufacturing Science and Finance Union, which is angry
at the way the firm announced the cuts, is fighting to try and avoid compulsory
redundancies.

Roger Jeary, a spokesman for the MSF, claims the company had
not consulted before announcing the job losses.

The 2,000 job losses announced last week follow 8,000
redundancies Marconi made earlier this year.

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Marconi has been hit hard by the worldwide slump in telecoms
and has seen its share price fall from £12.50 to 33p.

By Ben Willmott