Taler to cut UK workforce TalerChemicals,theAnglo-German industrial chemical company,announced yesterday that it is to cut 600 blue-collar jobs in a series of downsizing measures at three of itsBritish plants The news coincided with confirmation that the company also plans to dispose of its loss- making operations,Cap Paints,the industrial solvent and paint division.This restructuring comes as the company reported a sharp drop in pre-tax profits.According to a company spokesman,the proposed joint venture withDTR International,one of the TalerChemicals’main competitors,is likely to be shelve D、 B Merger creates Hungarian software powerhouse Silcom has finalised merger terms withARER to create one of Hungary’s largest computer software companies.Details of the merger are expected to be released later today. However,it is believed that Silcom’s plans to break into France and Germany have been put on hold for the time being and that major job losses Will soon be announce D、Silcom looks set to benefit from the merger withARER,which has recently been awarded a number of major contracts,including a contract with the Hungarian Ministry for ForeignAffairs,which will be worth in excess of $345,000 for the company. C Profits warning at LYT International LYT International,one ofEurope’s leading Management Training Organisations,has warned shareholders to expect a fall in full year profits.The company,whose flagship training centre inCopenhagen is currently being modernised and refurbished,made an interim profit of $12m,compared with $23m in 1998.In response to its poor financial results,LYT has announced plans to cut jobs in its French and Spanish centres.An employee spokesman said that the move would prove unpopular and that with insufficient employees,some centres would struggle to deliver the high level of service demande D、 D Shake-up atBTED Nina Rantamen,former government adviser and the newCEO atBTE D、Power in Finland,has announced cost-cutting measures at the company.This decision has already led to the resignation of one of the company’s most respected employees.AnnikaEhlers had been withBTE D、Power for over 20 years,most recently as its Head of Operations.It is believed that she objected to company plans to reduce staffing levels at two ofBTE D、Power’s plants.Indications are that further high level resignations will follow in the next few months. E Restructuring plans announced at San Freight San Freight has responded to redundancy rumours by revealing that it is to cut the number of office-based staff employed in its Scandinavian division by 25% over the next 24 months. The announcement follows confirmation that the company has also decided to postpone the planned upgrading of haulage systems at its Stockholm subsidiary. A、senior staff member has revealed that San Freight’s business has deteriorated in recent months due to the escalating price war with central and easternEuropean rivals. This company’s decision to restructure will result in staff shortages.