New software drives Greyhound's modernization plan: computer program makes it easier to purchase tickets in advance

Article Abstract:

Greyhound Lines Inc's new $4 million Trips software program, scheduled to go online at the firm's 200 biggest markets by mid-1993, will allow patrons to buy their tickets in advance via a toll-free telephone number. The new reservation system is seen as a key to Greyhound's efforts to modernize its system and boost ridership, which fell 7.4 percent in the first 11 months of 1992. The new program will also give management instant access to ridership numbers, thus allowing the firm to assign buses and personnel more efficiently and fill unused seats by offering special discounts. Greyhound also aspires to offer weekend travel packages that include hotel reservations and a frequent-traveler promotion.

Intercity & rural bus transportation, Installation, Usage, Technology application, Transportation, Automation, Reservation systems, Bus industry, Reservation System, Greyhound Lines Inc., Toll-free telephone numbers, Toll free numbers, BUS

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Baker Hughes Inc. to cut 2,450 jobs; net declines 95%

Article Abstract:

Baker Hughes Inc. has to cut costs to meet the declining demands of its clients in the oil industry and will reduce its labor force by another 2,450 people. Employees will be down to 29,800 from 32,250, or 7.6%.It will also reduce capital expenditures to about $600 million. The cost-cutting is in response to its fourth quarter net income decline of 95%.

Comment:

Oil-services company has to respond to downturn with cost-cutting

United States, Sales, profits & dividends, Oil and gas field machinery, Oilfield Machinery, Oil and Gas Field Machinery and Equipment Manufacturing, Other staff changes & profiles, Production management, Finance, Petroleum industry, Abstract, Oil fields, Oil field equipment, Baker Hughes Inc., BHI

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