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HP job cuts loom for Australian employees

A number of Australian employees of Hewlett-Packard are facing the loss of their jobs as the global computer giant looks to slash its worldwide workforce by up to 30,000.

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Optus hits 406,000 broadband customers/Q1 result today

IT Industry - Deals

Optus says it has reached 406,000 broadband subscribers, adding more than 50,000 subscribers in the last quarter. OptusNet DSL has over 162,000 subscribers and OptusNet cable 244,000 customers in Sydney, Melbourne and Brisbane. Optus will announce its first quarter results, to 30 June, 2005 today, 4 August.