September 7, 1991 |
In its second round of layoffs in three months, computer products manufacturer Archive Corp. said it is laying off 150 people, mostly among the sales force at a recently acquired division in San Diego. The company, which makes tape drives that back up data on computers, will consolidate the sales forces of several divisions into a single group and lay off 50 people in Costa Mesa and 100 in San Diego. "The recession marches on as far as the computer industry is concerned," said B. J.
June 7, 2006 |
Bank of America Corp. plans to roll out a pilot hybrid vehicle purchase plan for employees today that could eventually make it the nation's largest corporate sponsor of the fuel-friendly cars and sport utility vehicles. The $3,000 rebate program initially will be limited to about 21,000 bank employees working in Los Angeles County, Boston and Charlotte, N.C., where BofA is headquartered. But eventually as many as 175,000 employees in the U.S. could be eligible, spokesman Michael Chee said.