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August 31, 1988

BORLAND FIRES 13%, SEES LOSS

By CBR Staff Writer

Borland International Inc says it will report a loss for the current quarter as a result of a company-wide restructuring that will cost the jobs of 13% of the workforce. The company aims to cut expenditure by $500,000 to $1m a month through the measures, which see consolidation of sales functions and creation of an OEM new business department.

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