Compagnie des Machines Bull SA declined comment on a report in Le Monde that it is planning more job cuts and will report operating losses for 1992: the paper quoted a trade union representative at Bull saying the company’s chairman told a staff meeting that 1992 results would be far from break-even, even if losses were lower than in 1991, when they came out to some $590m; the company had forecast a return to break-even at the operating level, before interest charges, for 1992; Le Monde said Bull’s new chairman, Bernard Pache, was seeking cost savings of $35m this year.
