December 30, 1994 |
Unisys Corp. said Thursday that it will cut 4,000 jobs from its worldwide payroll in 1995 as it continues to shift its focus from hardware to services. The computer and information services company has three facilities in Orange County with a total of about 2,000 employees. Worldwide, the company employs about 46,900. Officials at Unisys headquarters in Blue Bell, Pa., could not be reached for comment on where the cuts are likely to be made.
CALIFORNIA | LOCAL
July 28, 1994 |
Some 1,300 employees of a local computer manufacturer have been setting aside personal belongings during the past year for the fifth annual Unisys Corp. rummage sale. The sale Saturday will benefit Saddleback Community Enterprises, a nonprofit organization that trains developmentally disabled men and women. The sale will be spread across the parking lot of the company plant at 25725 Jeronimo Road. The event will be from 8 a.m. to 2 p.m.
July 20, 1994 |
Merrill Lynch & Co., the nation's largest brokerage, and Lehman Bros. Holdings Inc., the investment banking firm, reported sharp drops in quarterly profit Tuesday due to this year's financial market plunge. Brokerage analysts said the results continued the recent trend of depressed earnings at major Wall Street firms. "The market turned out to be more difficult than many people expected," said Raphael Soifer, an industry analyst at Brown Bros. Harriman & Co.
February 8, 1994 |
A total of 115 employees are being laid off by two Camarillo concerns involved in the computer industry. In the larger layoff, 95 jobs are being eliminated due to the closure of Unisys Corp.'s commercial software unit in Camarillo. The unit is being combined with a similar operation in San Jose. In addition to those laid off, 15 workers are being transferred from Camarillo to San Jose.
CALIFORNIA | LOCAL
February 5, 1994 |
Unisys Corp. has announced it is laying off 110 employees who work in the company's Camarillo facility developing computer software and is shifting the division's 15 other employees to San Jose. The outgoing employees were given 60-day notices Wednesday in a consolidation move that will effectively close the company's Distributed Systems Division in Camarillo, said spokesman Joe Barrett.
September 10, 1993
Odetics Inc. of Anaheim said Thursday that one of its subsidiaries has agreed to provide an automated tape library product to Unisys Corp. Odetics' ATL Products unit makes equipment that automates the storage and use of computer tape cartridges. The tape automation systems are used in centralized data libraries for storage and fast retrieval on computer networks of information previously not accessible by computer.
October 20, 1992
Bell Atlantic Corp. said its third-quarter profit rose 11%, helped by the sale of an investment the company made when it merged with Metro Mobile earlier this year. Bell Atlantic said it earned $386.6 million, or 90 cents per share, compared to profit of $331.5 million, or 78 cents per share, in the same quarter of 1991. Revenue for the quarter was $3.17 billion, compared to $3.15 billion a year ago.