PC maker Packard Bell NEC is to shed up to 1,000 of its 5,000-strong US workforce in bid to cut costs.
The company said workers in Europe, Latin America and Asia would not be affected.
Officials explained the cuts are "part of an agressive strategy to reduce fixed costs and lay the foundation for long-term success and profitability."
The company's hold on the global PC market has been slipping. From a peak of 5.9 per cent in the summer of 1996, it share is now 4.5 per cent, calculates IDC.
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