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Thursday, 25 October, 2001, 05:24 GMT 06:24 UK
Agency bids for hi-tech jobs
high-tech workers
Thousands of posts have been lost in the South West
The South West's Regional Development Agency is bidding to bring more hi-tech jobs to the region.

The agency hopes to replace thousands of posts lost recently in the IT and telecommunications sectors.

Agency staff will be flying around the world to highlight the region's availability of skilled workers.

The drive to bring more hi-tech jobs is to continue even though a number of electronic and engineering firms in Devon have announced large numbers of redundancies.

The agency wants to attract hi-tech business
Nortel Networks on Tuesday announced that 700 workers are to lose their jobs at its Devon plant.

This brought the number of Nortel job losses in Paignton to almost 4,000 since February.

American-owned internet equipment maker JDS Uniphase announced in August that it was closing two factories in Plymouth.

Job loss worries were then compounded by aircraft turbine manufacturer Centrax announcing on Wednesday that 250 posts were to be lost from its factory in Newton Abbot.

Attracting business

However, the Regional Development Agency says it is still important to try to attract this sort of business.

It believes information technology and hi-tech telecommunications are still an important growth area.

The agency says the fact that workers have been made jobless is all the more reason for trying to bring in new employers to take up the available labour.

The agency says it is going to be represented at two information technology trade fairs which will take place in Las Vegas and India.

See also:

24 Oct 01 | England
Aircraft engineers cut jobs
23 Oct 01 | England
Nortel axes 700 Devon jobs
18 Oct 01 | Business
Microsoft beats expectations
16 Oct 01 | Northern Ireland
More NI Nortel jobs to go
03 Oct 01 | Business
Shake-up for troubled Nortel
31 Jul 01 | Business
Nortel sheds more Devon jobs
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