lexmark...gone bust

  GANDALF <|:-)> 15:04 24 Jan 2006
Locked

just heard that Lexmark is now in receivership with the loss of a few hundred jobs in Scotland. I only caught a snippet on the news so there is not much more detail and I cannot be more exact.

G

  Forum Editor 15:19 24 Jan 2006

it's an American concern, and is shedding 1400 jobs globally, due to a decline in the demand for printer cartridges. In Scotland there'll be 700 job losses; the rumours have been flying around the industry for a while now.

  Ikelos 15:22 24 Jan 2006

lexmark have several factories around the globe which they say are cheaper to maintain than the one in Scotland... so 700 jobs have gone. or will do.

  GANDALF <|:-)> 15:36 24 Jan 2006

I have the feeling that this may not encourage sales though.

G

  Stuartli 16:10 24 Jan 2006

This is the type of thing that puts people off buying (even though I bought an Epson printer recently!):

click here

  Belatucadrus 16:13 24 Jan 2006

click here

click here

I doubt it'll have any effect on sales as most buyers here neither know nor care where their product was made.

  Stuartli 16:25 24 Jan 2006

..Time computers:

click here

  961 16:27 24 Jan 2006

Are there many?

  Stuartli 16:44 24 Jan 2006

Sarcasm IS the lowest form of humour...:-)

Actually my first home system, in 1996, was a 100MHz Pentium based Time effort with 14in Hitachi monitor, 1 or 2MB onboard graphics with outstanding accelerator feature, CD-ROM drive; 16MB of RAM (also serving, of course, the onboard graphics), a vast selection of mostly useless software and...

Er, that's it. All for the princely sum, in a Time sale, of £1,303.

  jack 19:28 24 Jan 2006

In another thread along the of line firms going bust only to arise with the same directors under another label leaving a trial of debt and misery behind them.
I have experienced it in my time and so have others on this forum.
I'll watch Time computers with a very cynical eye.

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