
Layoffs at data general: the struggling boston...
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Loading...
Layoffs at Data General: The struggling Boston computer-maker, which has already slashed its payroll by a third, announced the layoff of more than 2,000 additional workers in an attempt to
end a string of losses. Some analysts doubted whether the measures will work. The company said the latest layoffs and accompanying severance payments would result in a charge of about $70
million in the fourth quarter ending Sept. 29, and that a quarterly loss is likely. MORE TO READ