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Technology Stocks : DSC Communications -- Ignore unavailable to you. Want to Upgrade?


To: Moe Damghani who wrote (3126)11/13/1997 3:02:00 PM
From: PlanoSpy  Read Replies (1) | Respond to of 4429
 
The 5% layoff number was never meant to reflect a company mandated target but was taken as a percentage of employees actually laid off. The number is more in some departments and less in others but is approximately 5% (i.e., 50 in 1000). The gist of the original post was only to present news that some people at DSC were aware that some fat had been accumulating in R&D and trimming was occurring. I guess we disagree on the number of employees laid off but not the reasons behind them.

By the way, I have heard about lay offs at the Plano facilities and not worldwide.



To: Moe Damghani who wrote (3126)11/13/1997 4:31:00 PM
From: MBogdaniec  Read Replies (1) | Respond to of 4429
 
Moe , your the best go get him. My sources said they fired some select V.P's not laid them off I believe it was in Access. Hey nice increase at close.