1994-07-15, English, Article, Other article edition: Digital Equipment speeds plans to cut 20,000 jobs, takes $1.2 billion charge. Wilke, John R.

User activity

Share to:
 
Bookmark: https://trove.nla.gov.au/version/110627113
Physical Description
  • Newspaper article
Published
  • Dow Jones &​ Company, Inc., 1994 July 15
Language
  • English

Edition details

Title
  • Digital Equipment speeds plans to cut 20,000 jobs, takes $1.2 billion charge.
Appears In
  • The Wall Street Journal Western Edition, 1994 July 15, pA3(W) pA3(E) (ISSN: 0193-2241)
Author
  • Wilke, John R.
Published
  • Dow Jones &​ Company, Inc., 1994 July 15
Physical Description
  • Newspaper article
Subjects
Target Audience
  • General
  • Trade
Summary
  • DEC is responding to its eroding financial condition by eliminating 20,000 jobs representing 24% of its workforce and is planning to take a $1.2 billion charge against its earnings in the 4th qtr ending Jul 2, 1994. Almost 50 percent of the job cuts will come from its international operations. The company's problems are due to its high cost of doing business, tardiness in entering the PC market and the trend among computer users to shift their purchases towards PCs instead of choosing mainframes or minicomputers. Company executives also report the company will be reorganized in order to streamline operations. Industry analysts believe the company's plans are aggressive and wonder if it will have enough cash to survive. CEO Robert B. Palmer reports his goal is to return the company to profitability by Dec 1994.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15575629

Get this edition

Some editions of the publication "The Wall Street journal" are available from these libraries. The edition containing this article ( 1994 July 15, pA3(W) pA3(E) ) may not be available:

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (2)
  • VIC (1)
  • WA (1)
None of your libraries hold this item.

These 2 locations in All:

Library Access Call number(s) Formats held Language
State Library of Western Australia. Open to the public .b1153901x; held Periodical; Newspaper English
State Library Victoria. Open to the public 1035002; July 18 1966-Mar. 7, 2014; held Periodical; Newspaper English
Show 0 more libraries...
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

This single location in Victoria:

Library Access Call number(s) Formats held Language
State Library Victoria. Open to the public 1035002; July 18 1966-Mar. 7, 2014; held Periodical; Newspaper English
Show 0 more libraries...
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment