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- Newsgroups: misc.consumers
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- From: rubin@watson.ibm.com (Bill Rubin)
- Subject: Re: Prodigy - Sears and IBM, what a combo
- Sender: news@watson.ibm.com (NNTP News Poster)
- Message-ID: <1993Jan28.180134.16472@watson.ibm.com>
- Date: Thu, 28 Jan 1993 18:01:34 GMT
- News-Software: IBM OS/2 PM RN (NR/2) v0.17c by O. Vishnepolsky and R. Rogers
- Lines: 14
- Reply-To: rubin@watson.ibm.com (Bill Rubin)
- Disclaimer: This posting represents the poster's views, not necessarily those of IBM
- References: <1k3va6INNn68@tamsun.tamu.edu> <C1KDw2.7w0@acheron.uucp>
- Nntp-Posting-Host: wgros2.watson.ibm.com
- Organization: IBM T.J. Watson Research Center
-
- In <C1KDw2.7w0@acheron.uucp> haywood@acheron.UUCP (Haywood Jablome) writes:
- >In article <1k3va6INNn68@tamsun.tamu.edu>, rlopez@loanstar.tamu.edu (Robert Lopez) writes:
- >=> As both Sears and IBM seem to be in dire financial straits, how
- >=> does this bode for everyone's best friend or biggest nightmare PRODIGY?
- >
- >Well - they had 1100 people, then one Monday they told 250 to collect their
- >checks and not to come back. No warning as far as I can tell from the
- >newspaper article. Something about "reducing fixed costs" ...
-
- On the other hand, I believe they also gave them severance pay and benefits
- for at least a couple of months. BTW, how many high tech (or low tech)
- companies do you know of that lay off people and give them 2 weeks notice?
-
- -- Bill rubin@watson.ibm.com
-