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ABB Alstom Power is to cut 400 jobs in Lincoln as part of a restructuring programme. 04-Aug-2000 Alstom is to acquire ABB's 50% stake in ABB Alstom Power, their global power generation joint venture, in a $1.2bn deal. 03-Apr-2000 ABB Alstom Power is to shed 10,000 jobs in a worldwide restructuring programme, in order to reduce overcapacity in the declining market for steam generators. 01-Mar-2000 ABB Alstom Power is to cut 270 jobs nationwide, by closing a site at Trafford Park in Manchester and by shedding 95 jobs in Stafford and 112 in Rugby. 02-Dec-1999
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