Word: layoffs
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Part of the problem, of course, was the 20-day layoff. Harvard's last game priot to the Detroit trip was a December 7 tie (2-2) against Cornell. That certainly threw Harvard out of synch, which would explain Harvard's somewhat sluggish skating and somber power play performance (2-for-12 in both games...
...Harvard men's hockey team now has a 20-day layoff before its next contest. It's going to need...
...long ago, Compaq Computer president Rod Canion was being called a genius. Now he isn't even called president. Last week, one day after Compaq announced the first quarterly loss in its corporate history and the layoff of 1,440 employees, Canion was dismissed by Compaq's board of directors...
Frye had worked in the mine only since the previous October, when he was called back to work after a long layoff. He was a quiet man who enjoyed squirrel hunting and had a 12-year-old son and a 17-year-old daughter. A few weeks before he was killed, Frye told his wife Gail about a close call he had at the mine. "It was like he knew when something was going to happen," says Gail. "I'd ask him, 'Don't that scare you? How can you go back in there?' He'd say, 'You just...
...blahs. In one major sign of weakness, a virtual Who's Who of blue-chip companies reported huge losses or falling profits for the third quarter of this year. Citicorp lost $885 million largely because of red ink at its Quotron stock-reporting service and costs stemming from the layoff of 5,000 workers earlier this year. The largest U.S. banking firm said it would suspend its dividend and dismiss several thousand more workers. Among manufacturers, IBM said slumping sales caused its profits to plunge 85% in the recent quarter...