Please ensure Javascript is enabled for purposes of website accessibility
Home / 2000 / October / 23 (page 2)

Daily Archives: October 23, 2000

Lucent ousts chairman, issues profit warning

Telecommunications equipment maker Lucent Technologies Inc. today ousted Chairman and CEO Rich McGinn, replacing him with former chairman Henry Schacht. The company also slashed its sales and profit estimates for the first quarter of 2001. Lucent has cut its growth ...

Read More »

Xerox plans job cuts, restructuring

Xerox Corp. today said it plans to cut jobs, sell assets and reduce costs as part of a companywide restructuring. The restructuring was announced at 6 a.m. today along with the document company’s (NYSE: XRX) third-quarter earnings report. Xerox lost ...

Read More »