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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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Candle expects to burn brightly

IT Industry - Development

Listed recruiter Candle Australia Limited (ASX:CND) has forecast its full year net profit after tax for the year ending June 30, 2005 to increase by about 50% to approximately $6.9 million.

According to candle, this is a record result and reflects organic sales growth across the whole business, strong results from the recent acquisitions and a continued focus on productivity.

Candle has issued a positive outlook for the business and demand for its services.