Digital plans charge of up to $1 billion in quarter to cut more jobs in fiscal '93

Article Abstract:

DEC is expected to charge as much as $1 billion for 10,000 to 15,000 layoffs in 1992. The development indicates that the second-largest domestic computer maker has yet to finish with its restructuring. DEC may also take another charge, amounting to about $750 million, for post-retirement health-care costs. DEC will cut another 4,000 jobs for the 4th qtr of FY 1993, but no charges will be accrued from the cuts because reserves remain from a $1.1 billion charge taken in 4th qtr FY 1992. DEC's workforce is expected to drop to about 112,000 employees by Jun 30, 1992 and 100,000 or less in FY 1993. In a separate announcement, DEC forms a strategic partnership with Microsoft Corp to develop a version of the Microsoft Windows NT operating system for DEC's DEC Alpha processor.

Computer peripheral equipment, not elsewhere classified, Planning, Microsoft Corp., Operating systems (Software), Operating systems, Management, Partnerships, Microsoft Windows NT (Operating system), Layoffs, Digital Equipment Corp., Layoff, Operating System, Strategic Planning, Reorganization, Financing, Cooperative Agreements, Partnership

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Sun Microsystems and Hewlett-Packard plan to jointly develop some software

Article Abstract:

Sun Microsystems and Hewlett-Packard announce they will work together to develop software technology based on object-oriented programming methods that will enable computers from various vendors to communicate and share software. The alliance between the firms is an unlikely one because they have long been rivals in the fast growing workstation market. The new technology may be based around HP's NewWave object-oriented technology. Both companies intend their development to extend beyond compatibility between their own products. They are hoping other manufacturers will sign on and help create an industry standard. The companies will also submit their work to the Object Management Group, a standards body with more than 100 industry members.

Computer software industry, Software industry, Standard, Standardization, Sun Microsystems Inc., Hewlett-Packard Co., SUNW, HWP, Object oriented programming, Interoperability, Multivendor Systems, Object-Oriented Programming

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