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Also. . .

July 08, 1999

* DuPont Co. said it will cut 1,300 jobs, or 8.7% of the work force in its coatings unit, as it integrates the Herberts paint business it bought from Germany's Hoechst in March for $1.8 billion. DuPont said it will discontinue operations over the next nine months at six plants, all outside the U.S.

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* Cellular phone maker Ericsson ousted Chief Executive Sven-Christer Nilsson because he was slow to implement a job-cutting program promised when he took the reins in March 1998 from Lars Ramqvist. The Swedish company said it will turn again to Ramqvist, who will be both chairman and CEO. Ramqvist and Kurt Hellstroem, who was named president, plan to accelerate a cost-cutting program and slash 11,000 jobs, about 10% of the company's work force.

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