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Article: Emerald lays off 26 one week after Root's resignation. (Emerald Systems Corp.; Bob Root)
- Article from:
- San Diego Business Journal
- Article date:
- October 22, 1990
- Author:
CopyrightCOPYRIGHT 1990 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Emerald lays off 26 one week after Root's resignation
One week after the resignation of company President Bob Root, Emerald Systems Corp. of San Diego last week laid off 26 employees, reducing its local workforce by roughly 15 percent.
Officials at the computer peripheral products firm blamed the cutbacks on a flat economy and slumping sales of its data storage systems.
"Our domestic sales have not lived up to expectations," said Don Lyle, Emerald chairman, president and chief executive officer. "I had to take action to get (the) head count cut back.
"And I cut back in all areas," he added.
Departments affected included ...