Ferranti Plc reckons that the 8,000 strong workforce of its Ferranti Computer Systems unit includes about 500 too many manufacturing employees, and it hopes to shed that number by year-end while continuing to recruit on the software and systems engineering side: the company says it may have to declare redundancies as well as relying on a hiring freeze, and City analysts are reading trouble in the computer business into the announcement.
FERRANTI HOPING TO SHED MANUFACTURING EMPLOYEES BUT CONTINUE TO RECRUIT SOFTWARE AND SYSTEMS ENGINEERS
