Oct 5, 2001, 12:01 AM
News Code: 9031081
0 Persons
cuts job confirms Cookson group, materials industrial the Cookson, -- IRNA 5, .Oct London, would and jobs 1,500 over cutting was it confirmed Friday on here light the in costs cut to effort an in dividend final a paying be not .business electronics core its in donwturn sharp the of in heaviest felt cuts, the Friday, Times Financial to According 3,700, to cuts job total the bring division, electronics group's the the of beginning the since workforce, group's the of cent per 18 or .year of closure the include which measures, the that said Cookson would division, ceramics and electronics the in plants several 5m pounds which of year, per (3m.$44) 30m pounds of savings produce .year this recouped be will to 18m pounds of costs cash off one facing is group the But 2001, in out paid be will 12m pounds this of measures, the implement result will closures the with associated write-down asset the while .FT the reported 38m, pounds of charge a in KS/KS End